Question 5 Unsaved The balance sheet and income statement shown below are for Paymate Inc....

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Finance

Question 5 Unsaved The balance sheet and income statement shown below are for Paymate Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. Balance sheet Which of the following ratios is the firms current ratio? Question 5 options: a) 1.47 b) 1.33 c) 1.08 d) .97

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