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Please helo!! Sandhill Incorporated had the following transactions involving current assets and current liabilities during February 2025. Feb, 3 Collected accounts receivable of $10,700. 7

Please helo!!
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Sandhill Incorporated had the following transactions involving current assets and current liabilities during February 2025. Feb, 3 Collected accounts receivable of $10,700. 7 Purchased equipment for $21,960 cash. 11 Paid $4,100 for a 1-year insurance policy. 14 Paid accounts payable of $13,400. 18 Declared cash dividends of $5.400. Additional information: As of February 1, 2025, current assets were $128,100 and current liabilities were $36,600. Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal places, es. 1.83:1. Current ratio as of February 1, 2025 11 Feb. 3 :1 As of February 1,2025 , current assets were $128,100 and current liabilities were $36,600. Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal ploces, e.g. 1.83:1.)

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