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The Following Contains Information from the Records of the Wellborn

question 89

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The following contains information from the records of the Wellborn Engineers and Architects. Wellborn Engineers and Architects
Selected Financial Information
December 31,2013
 Current assets $74,000 Current liabilities 44,000 Long-term assets 95,000 Long-term liabilities 60,000 Total revenues 50,000 Total expenses 30,000\begin{array}{|l|r|}\hline\text { Current assets } & \$ 74,000 \\\hline \text { Current liabilities } & 44,000 \\\hline \text { Long-term assets } & 95,000 \\\hline \text { Long-term liabilities } & 60,000 \\\hline \text { Total revenues } & 50,000 \\\hline \text { Total expenses } & 30,000\\\hline\end{array} What is the current ratio?

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