Reference no: EM132490392
At the end of 2013, a company had the following assets:
Cash of $125,000,
Property, Plant and Equipment of $430,000,
Inventory of $78,000,
Goodwill of $55,000,
Long Term Investments of $200,000, and
Accounts Receivable of $87,000.
It also had the following liabilities:
Income Tax Payable of $21,000,
Long-Term Borrowings of $200,000,
Current Portion of Long Term Debt of $50,000,
Trade Payables of $110,000,
Current Deferred Revenue of $45,000.
Question 1: What is the company's current ratio at the end of 2013?
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