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What is the current ratio

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Reference no: EM132430883

Question - A company with working capital of $340,000 and a current ratio of 1.1 pays $2,100,000 of its current liabilities using cash. What is the current ratio immediately after the $2,100,000 payment?

a. 1.1

b. 1.26

c. 2.88

d. 12.47

Reference no: EM132430883

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