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Data Table Pacific Corporation reported the following financial statements FF (Click the icon to view the financial statements) Pacific Corporation Comparative Balance Sheet December 31,
Data Table Pacific Corporation reported the following financial statements FF (Click the icon to view the financial statements) Pacific Corporation Comparative Balance Sheet December 31, 2017 and 2016 Horizontal analysis of Pacific's balance sheet for 2017 would report O A. a 22% increase in Cash and Cash Equivalents 0 B. Cash as 8.24% of total assets O C. a current ratio of 0.95 O D. inventory turnover of 8 times 2017 2016 Assets Current Assets Cash and Cash Equivalents Accounts Receivable Merchandise Inventory Prepaid Expenses Total Current Assets S 2,091 $1,711 1,583 1,079 1,981 6,354 1,805 1,348 1,744 6,988 Click to select your answer Print Done
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