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As a bank loan officer, you are considering a loan application by Warren Sporting Goods. The company has provided you with the following information from

 As a bank loan officer, you are considering a loan application by Warren Sporting Goods. The company has provided you with the following information from its balance sheet: 

Cash $ 25,000 

Accounts Receivable 45,000 

Inventory 140,000 

Fixed Assets 190,000 

Current Liabilities 70,000

 Long-term Liabilities 90,000 

Calculate Warren's current ratio

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