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16. The Summer Sun & Shade Company had the following financial data at December 31,2024 : What is the cash ratio as of December 31,

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16. The Summer Sun \& Shade Company had the following financial data at December 31,2024 : What is the cash ratio as of December 31, 2024, for Summer Sun \& Shade? Determine the formula, then calculate the cash ratio. (Enter the cash ratio to two decimal places, X.XX.) ][]=Cashratio

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