Reference no: EM131267745
Volkan Company has cash of $10,000, Accounts Payable of $24,000, inventory of $16,000, and, equipment of $40,000. The company has short-term loan of $10,000, Accounts Receivable of $14,000, Salary Payable of $6,000 and Long-term loan of $10,000. The current ratio for Volkan Company is:
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