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Jack Corporation has provided the following financial data: Cash Accounts receivable Total current assets Total current liabilities $188,000 $285,000 $709,000 $167,000 Required Compute the company's

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Jack Corporation has provided the following financial data: Cash Accounts receivable Total current assets Total current liabilities $188,000 $285,000 $709,000 $167,000 Required Compute the company's working capital 2 Compute the company's current ratio. 3 Compute the company's acid test ratio. 4 Could a company's acid test ratio ever be higher than their current ratio, why or why not

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