Question: Leverage Multiple Choice Increases maximum returns and increases risk Increases maximum returns and decreases risk Increases maximum returns and decreases risk Decreases maximum returns and


Leverage Multiple Choice Increases maximum returns and increases risk Increases maximum returns and decreases risk Increases maximum returns and decreases risk Decreases maximum returns and increases risk ABC has the following: cash, $102 million; receivables, $94 million; inventory, $182 million; other current assets, $18 million, Plant Property and Equipment $220 million, accounts payable, $98 million long-term debt, $23 million. Based on these amounts, what is the current ratio (round to 2 decimal points)? Numeric Response
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