Mike's company list the following items on its year end balance sheet; Current Assets: $200,000...
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Accounting
Mike's company list the following items on its year end balance sheet;
Current Assets: $200,000
Long Term Assets $300,000
Current Liabilities: $100,000
Long Term Liabilities: $150,000
Equity: $250,000
What is the current ratio?
Select one:
a. 3.00
b. 2.50
c. 5.00
d. 2.00
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