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3M COMPANY Balance Sheet (partial) 2022 2021 urrent assets Cash and cash equivalents $3,030 $1,835 Accounts receivable, net 3,235 3,185 Inventories 2,630 2,995 Other
3M COMPANY Balance Sheet (partial) 2022 2021 urrent assets Cash and cash equivalents $3,030 $1,835 Accounts receivable, net 3,235 3,185 Inventories 2,630 2,995 Other current assets 1,855 1,525 Total current assets $10,750 $9,540 urrent liabilities $4,300 $5,715 (a) Calculate the current ratio for 3M for 2022 and 2021. (Round answers to 2 decimal places, e.g. 1.25:1) Current ratio 2022 :1
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Horngrens Accounting
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
10th edition
133117413, 978-0133129519, 133129519, 978-0133129557, 133129551, 978-0133117561, 133117561, 978-0133117417
