Alpha Company Has Current Assets of $74,524, Total Assets of $203,310

question 175

Essay

Alpha Company has current assets of $74,524, total assets of $203,310, total net income of $67,913, current liabilities of $60,100, and total liabilities of $150,600.
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What is Alpha Company's current ratio?

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Definitions:

Agricultural Subsidies

Financial assistance from government to farmers to supplement their income, manage the supply of agricultural commodities, and influence the cost and supply of such commodities.

Export Income

Revenue generated by a country or company from selling goods and services to other countries.

Debt Forgiveness

The cancellation or reduction of the principal amount owed on debt by a creditor, reducing the financial burden on the debtor.

Low-Income DVCs

Developing or underdeveloped countries with low levels of average income per capita, often facing significant economic and social challenges.