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Current Attempt in Progress The following amounts were reported by Leau Ltd, in its most recent statement of financial position: Calculate the current ratio and
Current Attempt in Progress The following amounts were reported by Leau Ltd, in its most recent statement of financial position: Calculate the current ratio and quick ratio for Leau Ltd. (Round answers to 2 decimal places, eg. 15.25.) Current ratio Calculate the current ratio and quick ratio for Leau L.td. (Round answers to 2 decimal places, eg. 15.25.) Current ratio Quickratio eTextbookand Media Leau Ltdi's bank loan includes covenants related to minimum current and quick ratios that the company must maintain. The covenants state that the company must maintain a current ratio of 1.30 or more, and a quick ratio of 0.55 or more. How would a \$83.900 loan, which would be repayable in three years, affect your analysis? (Round answer to 2 decimol places, es. 15.25) Quick ratio The company meet its target
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