Evaluating the current ratio

Reference no: EM132002868

Question: Morgan's Industrial Park has total assets of $541,700, long-term debt of $201,400, total equity of $306,800, fixed assets of $469,200, and sales of $600,500. The profit margin is 7 percent. What is the current ratio? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132002868

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