Find what is the company current ratio

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A company's year-end data shows the following amounts.

Current assets $65,000

Current liabilities $25,000

Net income $7,500

Net sales $125,000

Total assets $150,000

Problem 1: Based on this information, what is the company's current ratio?

Option 1: 1.9

Option 2: 6.0

Option 3: 2.3

Option 4: 2.6

Reference no: EM132626696

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