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A company has Cash of $10,000, Accounts Receivable of $2,000, Inventory of $3,000, Long-
Term Assets of $40,000, Accounts Payable of $5,000 and a Long-Term Bank Loan of $50,000.
Calculate the company's current ratio.
Select one:
a. 2.4
b. 10.0
c. 1.0
d. 3.0

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