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Ratios: Working Capital and the Current Ratio
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Ratios: Working Capital and the Current Ratio
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14. Financial Statement Analysis / Ratios: Working Capital and the Current Ratio / Problem 3
Problem 3
If a company has current assets of \$400,000 and current liabilities of \$300,000, what is the current ratio?
A
2.00
B
1.33
C
1.50
D
0.75
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