Question
A company has $5,000 in inventory and $2,000 in accounts payable. Calculate the company's current ratio.
A company has $5,000 in inventory and $2,000 in accounts payable. Calculate the company's current ratio.
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
6th Canadian edition
1118644948, 978-1118805084, 1118805089, 978-1118644942
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