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CoCo Computer Corp, a technology support company providing security for small businesses, reported these summarized figures (in millions): (Click the icon to view the income
CoCo Computer Corp, a technology support company providing security for small businesses, reported these summarized figures (in millions): (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) 1. Compute the company's current ratio and acid-test ratio at December 31, 2020 and 2019. 2. Did CoCo Computer Corp.'s ratio values improve, deteriorate, or hold steady during 2020? 1. Compute the company's current ratio and acid-test ratio at December 31, 2020 and 2019. (Round the ratios to two decimal places, X.XX.) The current ratio is for 2020 and for 2019. Er 2 Starter 18-9 (similar to) - X Question Help o Balance sheet CoCo Computer Corp, a technology support company providing security for small businesses, rep (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) 1. Compute the company's current ratio and acid-test ratio at December 31, 2020 and 2019. 2. Did CoCo Computer Income statement x 1. Compute the company Rour CoCo Computer Corp. Balance Sheet December 31, 2020 and 2019 2020 2019 Liabilities and Equity $ 4.2 $ 3.2 Total current liabilities Assets 2020 2019 Cash The current ratio is fc $ 9.4||$ 9.2 9.0 8.5 Short-term investments 0.4 CoCo Computer Corp. Income Statement For the Year Ended December 31, 2020 1.5 Long-term liabilities 0.7 Total liabilities Accounts receivable 17.5 1.1 18.6 Inventory 9.2 1.2 8.8 1.0 $ 67.5 Other current assets Common shares Net sales Cost of goods sold 6.2 16.5 5.2 13.9 42.4 Total current assets Interest expense 0.7 16.8 All other assets 22.7 19.1 16.1 15.2 Retained earnings 25.2 21.4 Total equity $ 41.3 $ 36.6 Total liabilities and equity All other expenses $ 41.3$ 36.6 Total assets $ 7.6 Net income Enter your answer in the Print Done Print Done Ativar o Windows Acesse Configuraes para ati parts
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