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calculate the current ratio for the company and interpret its meaning ...

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Accounting

calculate the current ratio for the company and interpret its meaning
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Use the following Chart (Uist) of Accounts to antwar auantinna 7-12. QUESTION 8 Calculate the current ratio for the Company and interpret its meaning? a. 97,100 which means the company has sufficient assets to pay its liabilities over the next yoor b. 3.73 which means that the company has sufficient current assets to pay its current liabilities over the next year c. 0.27 which means that the company has sufficient current asiets to pay its current liabilities over the next year d. 1.19 which means that the company does not have enough cash to pay its bills over the next year

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