Given the following information, calculate the current ratio. Non-current assets = $100,000 Total assets = $150,000...
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Given the following information, calculate the current ratio. Non-current assets = $100,000 Total assets = $150,000 Long-term liabilities = $45,000 Shareholders' equity = $65,000 Given the following information, calculate the current ratio. Non-current assets = $100,000 Total assets = $150,000 Long-term liabilities = $45,000 Shareholders' equity = $65,000
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The current ratio is a measure of a companys liquidity and is calculated as the ratio of its curren... View the full answer
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