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MC Qu. 310 Use the information in the adjusted... Use the information in the adjusted trial balance presented below to calculate the current ratio for

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MC Qu. 310 Use the information in the adjusted... Use the information in the adjusted trial balance presented below to calculate the current ratio for Taron Company: Cr. Dr. $ 80,000 35,000 14,200 290,000 $145,000 Account Title Cash Accounts receivable Prepaid insurance Equipment Accumulated depreciation Equipment Land Accounts payable Interest payable Unearned revenue Long-term notes payable Retained earnings Totals 114,000 36,000 7,150 10,700 87,000 247,350 $533,200 Multiple Choice O 0.42 Prev 2 of 19 !!! Next >

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