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For gee-whiz devices calculate the following: working capital, current ratio, and acid-test ratio. 2-29 For Gee-Whiz Devices calculate the following working capital, current ratio, and
For gee-whiz devices calculate the following: working capital, current ratio, and acid-test ratio.
2-29 For Gee-Whiz Devices calculate the following working capital, current ratio, and acid-test ratio Gee-Whiz Devices Balance Sheet Data Cash Market securities Net accounts and notes receivable Retailers inventories Prepaid expenses Accounts and notes payable (short-term) Accrued expenses $100,000 45,000 150,000 200,000 8,000 315,000 90,000
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