26jfaulkner 26jfaulkner

09-01-2024
Business

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Aster Inc.’s balance sheet as at December 31, 2014 shows the current assets of the company as $50,000. Its current liabilities were $25,000, long-term liabilities were $30,000, and fixed assets were $10,000 as of the same date. What is the current ratio of the company based on this data?

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