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Determine the current ratio for dorchester company

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Question 1: For the FY 2018, Dorchester Company's balance sheet included the following current items: cash $47,000, accounts receivable $149,000, inventories $92,000, prepaid expenses $15,000, accounts payable $61,000, and accrued expenses $69,000. Use this information to determine the Current Ratio. (Round & enter your answers to one decimal place.)

Reference no: EM132660705

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