Piper Inc. has cash of $63,000; net Accounts Receivable of $77,000; short-term investments of $20,000 and inventory of $68,000. It also has $47,000 in current liabilities and $73,000 in long-term liabilities. The current ratio for Piper Inc. is:

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The Answer of Piper Inc. has cash of $63,000; net Accounts Receivable of $77,000; short-term investments of $20,000 and inventory of $68,000. It also has $47,000 in current liabilities and $73,000 in long-term liabilities. The current ratio for Piper Inc. is:

Piper Inc Has Cash of $63,000; Net Accounts Receivable of $77,000;