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Compute Chavez Company's current ratio using the following information. Accounts receivable Accounts payable Buildings Cash $18,000 11,000 45,000 7,000 Long-term notes payable Office supplies Prepaid

Compute Chavez Company's current ratio using the following information. Accounts receivable Accounts payable Buildings Cash $18,000 11,000 45,000 7,000 Long-term notes payable Office supplies Prepaid insurance Unearned services revenue $21,000 2,600 3,200 3,000
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