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Exercise 4-14 Computing and analyzing acid-test and current ratlos LO A1 Case case case 2 Cash Short-term investments Current receivables Inventory Prepaid expenses Total current
Exercise 4-14 Computing and analyzing acid-test and current ratlos LO A1 Case case case 2 Cash Short-term investments Current receivables Inventory Prepaid expenses Total current s5,200 $3,500 $7,410 assets Current liabilities = $2,000 110 $1,000 0 580 350 470 700 2,600 2,420 4,230 200 500 900 50 $2,000 $1,000 $3,800 -- Compute the current ratio and acid-test ratio for each of the following separate cases Case to 1 to 1 to 1 Case Acid-Test Ratio Choose Choose Denominator:Acid-Test Acid-test ratio to 1 to 1 to 1 Case
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