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Given: total current assets, $130000; total assets, $250000; total current liabilities, $87000; total liabilities, $140000;...

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Accounting

Given: total current assets, $130000; total assets, $250000; total current liabilities, $87000; total liabilities, $140000; beginning inventory, $85000; ending inventory, $89500; cost of goods sold, $165000. Calculate the current ratio.

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