Mantilli Manufacturing has current assets worth $12.5 million and current liabilities worth $5 million. What is the current ratio?
2.5:1;
$12.5 million = $12,500,000
$5 million = $5,000,000
$12,500,000 ΒΈ $5,000,000 = 2.5
The current ratio is 2.5:1.
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