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Jefferson Company had the following comparative current assets and current liabilities: During Year 2, credit sales and cost of goods sold were $500,000 and $315,000,
Jefferson Company had the following comparative current assets and current liabilities: During Year 2, credit sales and cost of goods sold were $500,000 and $315,000, respectively. Required: Compute the following liquidity measures for Year 2 . If required, round your answers to two decimal places
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