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XYZ Corporation provides the following financial data for the year ended December 31, 2023: | Current Assets | $200,000 | | Current Liabilities |
XYZ Corporation provides the following financial data for the year ended December 31, 2023: | Current Assets | $200,000 | | Current Liabilities | $100,000 | | Total Assets | $500,000 | | Total Liabilities | $200,000 | Calculate the current ratio and debt-to-assets ratio for XYZ Corporation and interpret the results.
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