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Current Position Analysis The following items are reported on a company's balance sheet: Cash Marketable securities $439,600 343,400 Accounts receivable (net) 388,600 202,000 404,000 Inventory
Current Position Analysis The following items are reported on a company's balance sheet: Cash Marketable securities $439,600 343,400 Accounts receivable (net) 388,600 202,000 404,000 Inventory Accounts payable Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. a. Current ratio b. Quick ratio
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Cima Official Learning System Fundamentals Of Business Mathematics
Authors: Graham Eaton
4th Edition
1856177831, 978-1856177832
