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Compute the working capital, the current ratio, and the quick ratio after each of the following transactions and record the results in the appropriate columns.
Compute the working capital, the current ratio, and the quick ratio after each of the following transactions and record the results in the appropriate columns. Consider each
transaction separately and assume that only that transaction affects the data given. Round ratios to one decimal place.
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Managerial Accounting, 1, (6 Months)
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
14th Edition
1337270814, 9781337270816
