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Find the current ratio for dorchester company

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Reference no: EM132693218

Problem 1: For the FY 2018, Dorchester Company's balance sheet included the following current items: cash $45,000, accounts receivable $113,000, inventories $101,000, prepaid expenses $18,000, accounts payable $87,000, and accrued expenses $74,000. Use this information to determine the Current Ratio.

Reference no: EM132693218

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