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please help me i dont understand. the questions are trickey with wording Barts Industries, Inc., has total assets as follows: $40,000 in cash, $20,000 in
please help me i dont understand. the questions are trickey with wording
Barts Industries, Inc., has total assets as follows: $40,000 in cash, $20,000 in short-term investments, $110,000 in net current receivables, equipment of $60,000, and $8,000 in prepaid expenses. The total long-term liabilities of the firm are $160,000 and total liabilities are $240,000. Based solely on the above information, Barts Industries' current ratio is (round to two decimal places) Step by Step Solution
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