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Gwynn Incorporated had the following transactions involving current assets and current liabilities during February 2020. Feb. 3 Collected accounts receivable of $15.700. Purchased equipment for

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Gwynn Incorporated had the following transactions involving current assets and current liabilities during February 2020. Feb. 3 Collected accounts receivable of $15.700. Purchased equipment for $27.000 cash. Paid $4.000 for a 1-year insurance policy. Paid accounts payable of $12.100 Declared cash dividends, $4.800. 7 11 18 Additional information: As of February 1, 2020, current assets were 5132,080, and current liabilities were $50,800. Compute the current ratio as of the beginning of the month and after each transaction (Round answers to 2 decimal places, eg. 1.67)

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