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Bronco Electronics' current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a recent financial statement: Inventory$ 185,000Total
Bronco Electronics' current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a recent financial statement:
Inventory$ 185,000Total assets$ 1,940,000Current ratio3.0Acid-test ratio2.00Debt to equity ratio1.5Required:
Compute the current assets for Bronco:
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