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please solve Heart of Tennessee Telecom has these account balances at December 31, 2025 View the account balances. Requirements 1. Calculate Heart of Tennessee Telecom's
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Heart of Tennessee Telecom has these account balances at December 31, 2025 View the account balances. Requirements 1. Calculate Heart of Tennessee Telecom's current ratio. 2. How much in current assets does Heart of Tennessee Telecom have for every dollar of current liabilities that it owes? Requirement 1. Calculate Heart of Tennessee Telecom's current ratio. (Round your answer to two decimal places, X 2000 + = Current ratio Requirement 2. How much in current assets does Heart of Tennessee Telecom have for every dollar of current liabilities that it owes? (Enter the amount to the nearest cent.) The company has of current assets for every dollar of current liabilities that it owes. Account balances Motes Payable, long-term Prepaid Rent Salaries Payable Service Revenue Supplies Accumulated DepreciationEquip. Advertising Expense 9,000 2,200 2,700 13,800 1,300 7,000 200 Accounts Payable Accounts Receivable Cash Depreciation ExpenseEquip. Equipment Common Stock Rent Expense 3,900 5,100 3,100 1,200 25,000 3,200 1,600Step by Step Solution
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