Q 14.8: At the end of the current year, the amounts reported on the statement...
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Accounting
Q 14.8: At the end of the current year, the amounts reported on the statement of financial position included: current assets $160,000, non-current assets of $240,000 and shareholders' equity of $70,000. The current ratio was 1.6:1. What was the balance of current liabilities? A $50,000 $150,000 $100,000 D $43,750
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