sasatter69701 sasatter69701
  • 02-06-2023
  • Business
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Southport Industries company has current assets of $580,000 and a current ratio is 3.80. Assume that the company prepays rent for 9 months in the amount of $33,000. The current ratio after this transaction is closest to:
Multiple Choice
A) 3.80.
B) 3.54.
C) 4.02.
D) 4.85.

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