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What is the company current ratio

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Reference no: EM132200208

Question - The Abernathy Corporation reported the following:

Supplies $80

Notes payable $8,400

Cash 960

Prepaid expenses 290

Equipment 8,940

Accounts receivable 310

Unearned revenue 730

Accounts payable 970

Inventory 1,820

What is the company's current ratio? Round your final answer to two decimal places.

Reference no: EM132200208

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