Question: Using the following balance sheet and income statement data, what is the current ratio? Current assets $21800 Net income $42900 Stockholders' Current liabilities 11800

Using the following balance sheet and income statement data, what is the

Using the following balance sheet and income statement data, what is the current ratio? Current assets $21800 Net income $42900 Stockholders' Current liabilities 11800 66600 equity Average assets 133200 Total liabilities 27200 Total assets 85000 Average common shares outstanding was 17000.

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