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Calculate the company current ratio

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Reference no: EM132788517

Problem 1: A company has Cash of $10,000, Accounts Receivable of $2,000, Inventory of $3,000, Long-Term Assets of $40,000, Accounts Payable of $5,000 and a Long-Term Bank Loan of $50,000. Calculate the company's current ratio.

Reference no: EM132788517

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