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Calculate the current ratio for artie llc

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Reference no: EM132805624

Artie LLC's Balance Sheet shows the following accounts and balances.

Cash 15,000

Accounts Receivable 5,000

Inventory 9,000

Equipment 15,000

Accumulated Depreciation 3,500

Accounts Payable 25,000

Problem 1: Calculate the current ratio.

Reference no: EM132805624

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