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    Financial Accounting Study Set 1
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    Exam 12: Financial Statement Analysis
  5. Question
    The Current Ratio for a Company with Current Assets of $70,000
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The Current Ratio for a Company with Current Assets of $70,000

Question 20

Question 20

Short Answer

The current ratio for a company with current assets of $70,000, quick assets of $30,000, total assets of $150,000, current liabilities of $50,000, and net sales of $80,000 would be __________.

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