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A skeleton of Gunner Corporation's balance sheet appears as follows (amounts in thousands): Use the following ratio data to complete Gunner's balance sheet: a. The
A skeleton of Gunner Corporation's balance sheet appears as follows (amounts in thousands):
Use the following ratio data to complete Gunner's balance sheet:
a. | The debt ratio was 0.56. |
b. | The current ratio was 1.60. |
c. | The quick (acid-test) ratio was 0.700. |
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