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FY 2018 Aco balance sheet included Current items Cash $20,000

Given:FY 2018 Aco balance sheet includedCurrent itemsCash $20,000Accounts

receivable $130,000

Inventoried $70,000

Prepaid Expenses $12,000

Accounts payable $65,000

Accrued expenses $62,000

Determine:

Current Ratio

 
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