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Answer :
Final answer:
The current ratio of Bathez Corp. is calculated by dividing the total current assets ($859,140) by the current liabilities ($469,553). The resulting current ratio is approximately 1.83, so the correct answer is A) 1.83.
Explanation:
The current ratio is calculated by dividing the company's current assets by its current liabilities. For Bathez Corp., the current assets include receivables, inventory, and cash, which add up to:
$334,227 + $451,000 + $73,913 = $859,140.
The current liabilities are accounts payables, which amount to $469,553.
Therefore, the current ratio is calculated as $859,140 divided by $469,553, which equals approximately 1.83 when rounded to two decimal places.
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