Use the Following Data to Calculate the Current Ratio

question 56

Multiple Choice

Use the following data to calculate the current ratio.

• A) 2.07 : 1
• B) 1.67 : 1
• C) 3.00 : 1
• D) 2.60 : 1

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A high-yield but high-risk bond issued by corporations or municipalities, viewed as being below investment grade.

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