Team Go's balance sheet items are below. What is their current ratio? Cash 240,000 AP 400,000 Mkt.
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Question:
Team Go's balance sheet items are below. What is their current ratio?
Cash | 240,000 | AP | 400,000 |
Mkt. Sec. | 60,000 | Notes Pay. | 180,000 |
AR | 460,000 | Accruals | 140,000 |
Inventory | 200,000 |
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