(a1) Compute the current ratio for each year. (Round answers to 2 decimal places, e.g. 2.12.)...
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(a1) Compute the current ratio for each year. (Round answers to 2 decimal places, e.g. 2.12.) Current ratio 2025 :1 2024 :1 Cash Accounts receivable (net) Inventory Other current assets Total current assets Total current liabilities 2025 $13,200 22,200 34,075 12,200 $81,675 2024 $10,800 20,200 34,866 11,909 $77,775 $247,500 $311,100 (a1) Compute the current ratio for each year. (Round answers to 2 decimal places, e.g. 2.12.) Current ratio 2025 :1 2024 :1 Cash Accounts receivable (net) Inventory Other current assets Total current assets Total current liabilities 2025 $13,200 22,200 34,075 12,200 $81,675 2024 $10,800 20,200 34,866 11,909 $77,775 $247,500 $311,100
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