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What is the current ratio

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Reference no: EM131800165

Question - A company has a total assets of $120,000, current assets of $80,000, total liabilities of $50,000 and current liabilities of $25,000. What is the current ratio?

a) 4.80 to 1

b) 3.20 to 1

c) 2.40 to 1

d) 1.60 to 1

Reference no: EM131800165

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