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Vito Co. had current assets of $9,000 and current liabilities of $6,000 at the end...

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Accounting

Vito Co. had current assets of $9,000 and current liabilities of $6,000 at the end of the year. Net income during the year was $21,000. The current ratio for the period is:

28%

2.33

67%

1.5

Answer & Explanation Solved by verified expert
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