Question
a.Working capital is $94,000 and the current ratio is 1.43 b.Current ratio is 2.07 and the quick ratio is 1.43 c.Working capital is $48,000 and
a. Working capital is $94,000 and the current ratio is 1.43
b. Current ratio is 2.07 and the quick ratio is 1.43
c. Working capital is $48,000 and the quick ratio is 1.43
d. None of the above
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Horngrens Accounting
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood
10th Canadian edition Volume 1
978-0134213101, 134213106, 133855376, 978-0133855371
