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Blossom Incorporated had the following transactions involving current assets and current liabilities during February 2 0 2 5 . Feb. 3 Collected accounts receivable of
Blossom Incorporated had the following transactions involving current assets and current liabilities during February
Feb. Collected accounts receivable of $
Purchased equipment for $ cash.
Paid $ for a year insurance policy
Paid accounts payable of $
Declared cash dividends of $
Additional information:
As of February current assets were $ and current liabilities were $
Compute the current ratio as of the beginning of the month and after each transaction. Round answers to decimal places, eg:
Current ratio as of February :
Feb.
Feb. :
Feb. :
Feb. :
Feb. : :
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