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8. A company has current assets of $70,000, quick assets of $30,000, total assets of $150,000, current liabilities of $50,000, and net sales of

8. A company has 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. What is the current ratio of this company? A. 1.40 B. 1.00 C. 0.20 D. 3.00

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Current ratio of the Co. =... View the full answer

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  • all the best dear
    • kerryliz
    • May 09, 2018 at 12:32pm

 current ratio... View the full answer

Current ratio=current... View the full answer

Attached is a detailed explanation... View the full answer

The way to answer this question is ... View the full answer

Current ratio It measures the ability of an organization to pay its bills in the... View the full answer

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