Dooley Company had current assets of $1,552, current liabilities of $1,413, total assets of $1,742, and long
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Dooley Company had current assets of $1,552, current liabilities of $1,413, total assets of $1,742, and long minus term liabilities of $1,210. If Dooley acquires inventory by executing a six minus month note for $1,550, what is the new current ratio? (Round your final answer to two decimal places.)
A).1.05
B).2.10
C).0.98
D). 1.02
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