A COMPANY HAS TOTAL ASSETS OF $120,000, CURRENT ASSETS OF $80,000, TOTAL LIABILITIES OF $50,000, AND CURRENT LIABILITIES OF $25,000. WHAT IS THE CURRENT RATIO? A. 4.80 TO 1 B. 3.20 TO 1 C. 2.40 TO 1 D. 1.60 TO 1Question: A COMPANY HAS TOTAL ASSETS OF $120,000, CURRENT ASSETS OF $80,000, TOTAL LIABILITIES OF $50,000, AND CURRENT LIABILITIES OF $25,000. WHAT IS THE CURRENT RATIO?A. 4.80 TO 1B. 3.20 TO 1…
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