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  3. Study Set
    Fundamental Accounting Principles
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    Exam 7: Internal Control and Cash
  5. Question
    Omega Supply's Current Ratio Is 2 to 1
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Omega Supply's Current Ratio Is 2 to 1

Question 19

Question 19

True/False

Omega Supply's current ratio is 2 to 1. Its quick ratio is.75 to 1. Omega Supply has a good credit risk because the ratios reveal no liquidity problem.

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