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On May 31st year 1, Ronald Companies total current assets for $650,000 and it's total current liabilities were $355,000. On June 1, Year 1, Ronald

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On May 31st year 1, Ronald Companies total current assets for $650,000 and it's total current liabilities were $355,000. On June 1, Year 1, Ronald issued a long term note to the bank for $50,000 cash. Required: A. Compute Ronald's working capital before and after issuing the note B. Compute current ratio before and after issuing the

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