Gant Wholesale Company has $2,000 in cash, $20,000 in accounts receivable, $34,000 in inventory, and $1,600 in prepaid expenses.Liabilities totaled $120,000, with $36,000 current and $84,000 long-term.What is Gant's current ratio?

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The Answer of Gant Wholesale Company has $2,000 in cash, $20,000 in accounts receivable, $34,000 in inventory, and $1,600 in prepaid expenses.Liabilities totaled $120,000, with $36,000 current and $84,000 long-term.What is Gant's current ratio?

Gant Wholesale Company Has $2,000 in Cash, $20,000 in Accounts