Question: Below is the year-end balance sheet data for Eagle Company. Eagle's current ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 54,000 Current liabilities

Below is the year-end balance sheet data for Eagle Company. Eagle's current ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 54,000 Current liabilities 69,000 Long-term liabilities 74,000 Common stock 159,000 Retained earnings $356,000 Total liabilities and equity $ 89,000 21,000 114,000 132,000 $356,000 Multiple Choice 0.45
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