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1) Burt's TVs has current liabilities of $25.5 million. Cash makes up 45 percent of the current assets and accounts receivable makes up another 25
1) Burt's TVs has current liabilities of $25.5 million. Cash makes up 45 percent of the current assets and accounts receivable makes up another 25 percent of current assets. Burt's current ratio = .90...
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
11th Edition
978-0132568968, 9780132568968
