Question: The current ratio is determined by dividing current liabilities into current assets. A company had $ 3 7 5 , 0 0 0 in current

The current ratio is determined by dividing current liabilities into current assets. A company had $375,000 in current assets and $125,000 in current liabilities. What would the company's current ratio be if they decide to pay $25,000 on accounts payable?
Question 1 options:
3.50
3.00
2.80
3.75

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