Carl Lester has liquid assets of $2,680 and current liabilities of $2,436. What is his current ratio?

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Carl Lester has liquid assets of $2,680 and current liabilities of $2,436. What is his current ratio? What comments do you have about this financial position?

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Fundamentals of Financial Accounting

ISBN: 978-0078025372

4th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Question Posted: Mar 13, 2018 08:50 AM

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Carl Lester has liquid assets of $2,680 and current liabilities of $2,436. What is his current ratio?

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Fundamentals of Financial Accounting

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