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Firm O has accounts receivable of $33,000, cash of $15,600, property, plant, and equipment of...

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Accounting

Firm O has accounts receivable of $33,000, cash of $15,600, property, plant, and equipment of $330,000, merchandise inventory of $43,600, accounts payable of $22,200, other accrued liabilities of $7,600, common stock of $260,000, and retained earnings of $132,400.
Required:
Calculate Firm Ns working capital and current ratio.

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