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Current Attempt in Progress sheet on Decernber '30,2025, so that the CFO could get an idea of how the company stood. He knows that cer
Current Attempt in Progress sheet on Decernber '30,2025, so that the CFO could get an idea of how the company stood. He knows that cer tain debt agr eements with its creditors require the compeny to maintain a current ratio of at least 2:1. The preliminary balance sheet is as follows. (a) - Your arswer is par tially correct. Calculate the current ratio and working capital based on the preliminary balance sheet. (Round current ratio to 1 decimal ploce, eg. 0.7:1 ) Current ratio :1 Workine capital \$ eTextbook and Media Attempts: unlimited (b) The parts of this question must be completed in on der. This par t will be available wherl you cumplete the part abuve
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