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Calculate the Current Ratio in Each of the Following Cases

question 105

Essay

Calculate the current ratio in each of the following cases.
 Current Assets  Current Libilities  Case 1 $60,000$30,000 Case 2 $150,000$85,000 Case 3 $57,000$53,000 Case 4 $130,000$127,000 Case 5 $70,000$110,000\begin{array} { | l | r | r | } \hline & \text { Current Assets } & \text { Current Libilities } \\\hline \text { Case 1 } & \$ 60,000 & \$ 30,000 \\\hline \text { Case 2 } & \$ 150,000 & \$ 85,000 \\\hline \text { Case 3 } & \$ 57,000 & \$ 53,000 \\\hline \text { Case 4 } & \$ 130,000 & \$ 127,000 \\\hline \text { Case 5 } & \$ 70,000 & \$ 110,000 \\\hline\end{array}

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Definitions:

HS

A logical argument pattern of hypothetical syllogism, involving two conditional statements leading to a conclusion.

MP

Stands for "Member of Parliament," but in a logical context, it refers to a deductive pattern of reasoning where a specific conclusion is inferred from a general rule and a specific case.

Conj

An abbreviation for "Conjunction," a logical operator that connects two conditions or propositions where both must be true.

Inference Forms

Patterns of reasoning where specific statements lead logically to a conclusion.

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