The balance sheet for Shaver Corporation reported the following: total assets, $250,000: noncurrent assets, $150,000; current liabilities.
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The balance sheet for Shaver Corporation reported the following: total assets, $250,000: noncurrent assets, $150,000; current liabilities. $40,000; total stockholders' equity. $90,000. Compute Shaver's current ratio and working capital.
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