Question
Account 2018 2017 Cash $24,000 $24,000 Accounts receivable $51,000 $52,000 Inventory $43,000 $48,000 Current Liabilities $60,000 $42,000 Net Sales (All Credit) $550,000 $485,000 Cost of
Account 2018 2017
Cash $24,000 $24,000
Accounts receivable $51,000 $52,000
Inventory $43,000 $48,000
Current Liabilities $60,000 $42,000
Net Sales (All Credit) $550,000 $485,000
Cost of Goods Sold $288,000 $265,000
Use this information to determine the number of current ratio as of December 31, 2018: (Round & enter your answers to one decimal place and enter the value.)
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Business Intelligence A Managerial Perspective on Analytics
Authors: Ramesh Sharda, Dursun Delen, Efraim Turban
3rd edition
133051056, 978-0133051056
