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Current Position Analysis The following items are reported on a company's balance sheet: 452,gOO 577,800 201,300 671,000 Cash $57g,700 Marketable securities Accounts receivable (net)
Current Position Analysis The following items are reported on a company's balance sheet: 452,gOO 577,800 201,300 671,000 Cash $57g,700 Marketable securities Accounts receivable (net) Inventory Accounts payable Determine (a) the current ratio a. Current ratio . Quick ratio and (b) the quick ratio. Round your answers to one decimal place.
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Bookkeeping All In One For Dummies
Authors: Consumer Dummies
1st Edition
1119094216, 978-1119094210
