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Grand Maple Company reported the following data: Ending inventory Cost of goods sold Net credit sales Long - term liabilities Beginning inventory Average net receivables

Grand Maple Company reported the following data:
Ending inventory
Cost of goods sold
Net credit sales
Long-term liabilities
Beginning inventory
Average net receivables
Total liabilities
current assets
Quick assets
What was the current ratio?
$92,000
168,000
252,000
400,000
76,000
25,200
600,000
300,000
110,000
Multiple Choice
25
0.75
15
Prev
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