Assume that the current ratio for Omega Corporation is 3.5, its quick ratio is 1.8, and its working capital is $500,000. How much does the firm have in current liabilities?

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Assume that the current ratio for Omega Corporation is 3.5, its quick ratio is 1.8, and its
working capital is $500,000.
How much does the firm have in current liabilities?
Transcribed Image Text:Assume that the current ratio for Omega Corporation is 3.5, its quick ratio is 1.8, and its working capital is $500,000. How much does the firm have in current liabilities?
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