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do all the accounting ratios Cash $3,376 $6.088 Receivables Inventory Prepaid Expenses Accounts Payable Unearned Revenue Accrued Expenses Payable $2.910 $1.143 $3.966 $1,527 $2.143 .
do all the accounting ratios
Cash $3,376 $6.088 Receivables Inventory Prepaid Expenses Accounts Payable Unearned Revenue Accrued Expenses Payable $2.910 $1.143 $3.966 $1,527 $2.143 . During 2020, the company completed these transactions: . Used inventory of $2,755 Sold services on account. $7,877 Depreciation expense, $1,034 Paid for accrued expenses, $172 Collected from customers on account, $8.913 Adjusted for accrued expenses, $2,775 Purchased inventory of $5,450 on account Paid on account, $3.040 Used up prepaid expenses. $379 Compute the current ratio at December 31, 2020. Round your answer to 2 decimal placesStep by Step Solution
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