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What is the current ratio for xavier

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Reference no: EM133179385

Question - The following items are found on Xavier's Financial Statements:

Cash $125,000

Accounts Receivable (net) $344,000

Inventory $160,000

Plant, Property and Equip $ 688,000

Accounts Payable $230,000

Mortgage $ 545,000

Common stock $950,000

Required - What is the Current Ratio for Xavier (round to 1 decimal place)?

Reference no: EM133179385

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