FINANCE- Super Company has total assets of $6 million

QUESTION

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Super Company has total assets of $6 million, current assets of $2 million, total liabilities of $1.5 million, current liabilities of $750,000, and stockholders’ equity of $4.5 million. What is Super Company’s current ratio?2.6674.331,250,000.0/msohtmlclip1/01/clip_image004.png”>

 

ANSWER:

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