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      Question

      Using the same data, what is the Current Ratio and its

      credit inference?
      A 1.25 – Weak Correct Answer Incorrect Answer
      B 1.50 – Weak Correct Answer Incorrect Answer
      C 1.50 – Acceptable Correct Answer Incorrect Answer
      D 2.00 – Excessive Correct Answer Incorrect Answer
      E 1.75 – Excessive Correct Answer Incorrect Answer

      Solution

      CR = 120 / 80 = 1.50 β†’ generally acceptable.

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