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Current Position Analysis The following items are reported on a company's balance sheet: Cash Marketable securities $265,200 207,200 Accounts receivable (net) 149,200 Inventory Accounts
Current Position Analysis The following items are reported on a company's balance sheet: Cash Marketable securities $265,200 207,200 Accounts receivable (net) 149,200 Inventory Accounts payable 207,200 518,000 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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Payroll Accounting 2016
Authors: Bernard J. Bieg, Judith Toland
26th edition
978-1305665910, 1305665910, 1337072648, 978-1337072649
