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Which of the following is TRUE regarding Company ABC given the following information? Current Assets = $250 Fixed Assets =$110 Current Liabilities = $70 Long

Which of the following is TRUE regarding Company ABC given the following information? Current Assets = $250 Fixed Assets =$110 Current Liabilities = $70 Long term Debt = $80 Sales = $450 Net Income = $80

Shareholders Equity = $120

Current Ratio = 1.80

Asset turnover=3.7

Debt to equity ratio= 1.3

Return on Equity = 38.1%

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