Question: Saved Help Save & Exit Submit Check my work Problem 3-6 Determining Financial Progress (LO3-2) Carl Lester has liquid assets of $2,680 and current liabilities

Saved Help Save & Exit Submit Check my work Problem 3-6 Determining Financial Progress (LO3-2) Carl Lester has liquid assets of $2,680 and current liabilities of $2,436. (a) What is his current ratio? (Round your answer to 1 decimal place.) Current ratio (b) Which comment best describes his financial position? Lower than the desirable ratio 2.0 Equal to the desirable ratio 2.0 Higher than the desirable ratio 2.0

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