Question: Using the following balance sheet and income statement data, what is the current ratio? Current assets $33500 Net income $42200 Current liabilities 14000 Sto'fkhmders 00000

Using the following balance sheet and income statement data, what is the current ratio? Current assets $33500 Net income $42200 Current liabilities 14000 Sto'fkhmders 00000 equityr Average assets 158500 Total liabilities 42700 Total assets 113000 Average common shares outstanding was 14300

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