Question
Keswick Industries Limited has the following current assets and current liabilities on the company's balance sheet: Cash $17,000; Accounts Receivable $8.200; Inventory $54,000, Prepaid
Keswick Industries Limited has the following current assets and current liabilities on the company's balance sheet: Cash $17,000; Accounts Receivable $8.200; Inventory $54,000, Prepaid Rent $3,000; Accounts Payable $23,000; Notes Payable due within one year $20,000; and Unearned Revenue $5,500. The company's current ratio would be
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Accounting
Authors: Carl s. warren, James m. reeve, Philip e. fess
21st Edition
978-0324400205, 324225016, 324188005, 324400209, 9780324225013, 978-0324188004
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