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Answer is not 3.99 Feb:3 Collected accounts recelvible of $10,700. 7. Purchased equipment for $21,960cash 11 Paid S4,100 for a 1-year insurance policy. 14 Paid
Answer is not 3.99
Feb:3 Collected accounts recelvible of $10,700. 7. Purchased equipment for $21,960cash 11 Paid S4,100 for a 1-year insurance policy. 14 Paid accotints payable of $13.400. 18 Declared casti dividendis of $9,400 Additionat information. As of February 1, 2025, currentansets were 5128,100 and current liabilities were $36,000. Compute the current ratio as of the bewinining of the monthand after each transaction, (Round drswers to 2 decimai ploces esg 1.83 : 1. ) Additionalinformation As of Februaty 1, 2025, currentassets were $128,100 and current liabilities were 536,600 : Compute the current ratio as of the beginning of the month and atter each transaction. (Round onswers to 2 decimal ploces, ey: 1.83 Step by Step Solution
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