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Excerpts from Tigner Corporation's Most Recent Balance Sheet Appear Below

Question 81

Multiple Choice

Excerpts from Tigner Corporation's most recent balance sheet appear below: Excerpts from Tigner Corporation's most recent balance sheet appear below: Sales on account in Year 2 amounted to $1,230 and the cost of goods sold was $820. -The current ratio at the end of Year 2 is closest to: A) 1.12 B) 1.54 C) 0.35 D) 1.00 Sales on account in Year 2 amounted to $1,230 and the cost of goods sold was $820.
-The current ratio at the end of Year 2 is closest to:


A) 1.12
B) 1.54
C) 0.35
D) 1.00

Correct Answer:

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