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Kareem Currently Has $6000 in Monetary Assets and Currently Has

question 57

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Kareem currently has $6000 in monetary assets and currently has $2000 in current liabilities. What is his current ratio now?


Definitions:

Department Store

A large retail store offering a wide range of products and brands under one roof, organized into departments for shopper convenience.

Toy Manufacturer

A business involved in the design, production, and marketing of toys for children and sometimes adults.

Trucking Company

A business entity that specializes in transporting goods across distances using trucks.

Miles on a Gallon

A measure of fuel efficiency in vehicles, indicating how many miles a vehicle can travel per gallon of fuel.

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