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The company decides to issue stock and receives cash of

Question - Brankov Company has current assets of $ 95000 and current liabilities of $110,000. The company decides to issue stock and receives cash of $100,000. After this transaction, the company's current ratio will be: (Round your final answer to two decimal places.)

A. 1.86

B. 0.86

C. 1.77

D. 0.91

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Accounting Basics: The company decides to issue stock and receives cash of

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