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Please help! :) I can not find either current ratios. PA2-3 Recording Transactions (in a Journal and T-Accounts); Preparing and Interpreting the Balance Sheet (LO

Please help! :) I can not find either current ratios. image text in transcribed
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PA2-3 Recording Transactions (in a Journal and T-Accounts); Preparing and Interpreting the Balance Sheet (LO 2-2, LO 2-3, LO 2-4, LO 2-5) (General Ledger) Edward Allen Interiors Inc. is a leading manufacturer and retailer of home furnishings in the United States and abroad. The following is adapted from Edward Allen's September 30, 2019, trial balance. (The amounts shown represent milions of dollars.) Accounts Payable Accounts Receivable Cash Common Stock Equipment Inventory Notes Payable (long-term) Notes Payable (ahort-term) Prepaid Rent Retained Earnings Salaries and Wages Payable Software $132 30 140 30 375 176 235 2 32 389 40 75 Assume that the following events occurred in the following quarter. a. Paid $35 cash for additional inventory. b. Issued additional shares of common stock for $15 in cash. c. Purchased equipment for $210; paid $100 in cash and signed a note to pay the remaining $110 in two years. d. Signed a short-term note to borrow $15 cash. e. Conducted negotiations to purchase a sawmill, which is expected to cost $38. General General Requirement Trial Balance Balance Sheet Analysis Current Ratio Journal Ledger Calculate Edward Allen's current ratio at September 30, 2010, prior to the transactions listed above (Round your answer to 2 decimal placon) Current Ratio Based on the above calculation and analysis of TripAdvisor's current ratio 2.15, indicate which company is in a better position to pay liabilities Edward Allen TripAdvisor Use your response to part 6 to calculate Edward Allen's current ratio alter the transactions listed in (a)-(e) (Round your answer to 2 decimal places) Current ratio after the transactions (a)-0) Based on this calculation and the calculation in part 1. indicate whether the above transactions increase or decrease the company's ability to pay current liabilities Increased Decreased

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