CURRENT RATIO A company has $200 in cash, $500 in accounts receivable, $700 in inventory, and $400

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CURRENT RATIO A company has $200 in cash, $500 in accounts receivable, $700 in inventory, and $400 in current liabilities.

Required:

. What is its current ratio?

. What is its quick ratio?

. What is its cash ratio?

Cornerstone Exercise

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Related Book For  book-img-for-question

Cornerstones Of Financial Accounting Current Trends Update

ISBN: 9781111527952

1st Edition

Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen

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