Question: Calculate the Current Ratio based on these values: Current Assets 96,000 Total Assets 380,000 Current Liabilities 72,000 Inventories 55,000 Total Debt 175,000 Long-Term Debt 35,000

Calculate the Current Ratio based on these values:

Current Assets96,000
Total Assets380,000
Current Liabilities72,000
Inventories55,000
Total Debt175,000
Long-Term Debt35,000
Total Equity90,000

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