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Data pertaining to the current position of Lucroy Industries Inc. are as follows: Required: Compute ( a ) the working capital, ( b ) the
Data pertaining to the current position of Lucroy Industries Inc. are as follows:
Required:
Compute a the working capital, b the current ratio, and c the quick ratio. Round ratios to one decimal place.
a Working capital
$
b Current ratio
c Quick ratio
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