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  1. business
  2. accounting
  3. a company has $120,000 in current assets; $550,000

A company has $120,000 in current assets; $550,000 in total assets; $90,000 in current liabilities,...

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Accounting

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A company has $120,000 in current assets; $550,000 in total assets; $90,000 in current liabilities, and $110,000 in total liabilities. Calculate the current ratio of the company. (Round your answer to two decimal places.) 1.33 1.72 1.75 1.09

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