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3. Given the following information: Retained Earnings Cash Outstanding Debt Raw Materials Finished Goods Current Liabilities Stock Outstanding Fixed Assets In-Process Materials $1,200,000 300,000 900,000

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3. Given the following information: Retained Earnings Cash Outstanding Debt Raw Materials Finished Goods Current Liabilities Stock Outstanding Fixed Assets In-Process Materials $1,200,000 300,000 900,000 200,000 100,000 100,000 800,000 2,000,000 400,000 a) Construct a balance sheet b) Find the net working capital c) Find the current ratio

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