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Favor Company's current liabilities at the beginning of the year were $487,500 and during the year its operating activities provided a cash flow of $77,809.
Favor Company's current liabilities at the beginning of the year were $487,500 and during the year its operating activities provided a cash flow of $77,809. a. What are the firm's current liabilities on December 31? (Round to the nearest dollar.) $ b. What is the firm's working capital on December 31? \$ c. What is the quick ratio on December 31? (Round to two decimals.) d. What is Bell's operating-cash-flow-to-current-liabilities ratio? (Round to two decimals.)
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