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Item Skipped Item 4Item 4 Item Skipped Melanie's Diner has current assets of $75,000 and current liabilities of $16,500....

Item Skipped Item 4Item 4 Item Skipped Melanie's Diner has current assets of $75,000 and current liabilities of $16,500. She is expecting sales this week of $12,500. What is Melanie's Diner's current ratio?

A) 5.30

B) 4.54

C) 6.0

D) 8.3

E) 22

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Answer #1

current ratio = current assets/current liabilities

= 75000/16500

= 4.54

choose b)

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