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Matlock Company has provided the following data: Inventory and prepaid expenses $50,000 Current ratio 2.2 Acid-test Ratio 1.5 Matlock Companys current liabilities were:
Matlock Company has provided the following data:
Inventory and prepaid expenses $50,000
Current ratio
2.2
Acid-test Ratio
1.5
Matlock Company"s current liabilities were:
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