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1. Compute current ratio and quick ratio of ABC, using the following given information: Short term debt=$5,000 Account payable=$4,000 Cash=$5,000 Account receivable=$3,500 Inventory=$1,000
1. Compute current ratio and quick ratio of ABC, using the following given information:
Short term debt=$5,000
Account payable=$4,000
Cash=$5,000
Account receivable=$3,500
Inventory=$1,000
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Fundamental Accounting Principles Volume II
Authors: Larson Kermit, Jensen Tilly
14th Canadian Edition
978-1259066511
