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From the information given below,calculate the organization's current ratio.
Total Liabilities = $750,000;Current Liabilities = $220,000;Total Assets = $700,000;Current Assets = $176,000
Consolidated Statements
Financial statements that aggregate the financial position and operations of a parent company and its subsidiaries, showing the financial results of the entire group as a single entity.
Future Date
A specified date that is set in the future, relevant in contexts such as finance for contracts or planning events.
Translation Loss
A decrease in the value of a company's assets or income due to changes in exchange rates when consolidating financial statements of subsidiaries in foreign currencies.
U.S. Dollars
The currency of the United States, widely used as a standard of exchange in international markets.
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