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Plum Corporation began the month of May with $1,400,000 ofcurrent assets, a current ratio of 2.60:1, and an acid-test ratioof 1.60:1. During the month, it

Plum Corporation began the month of May with $1,400,000 ofcurrent assets, a current ratio of 2.60:1, and an acid-test ratioof 1.60:1. During the month, it completed the followingtransactions (the c 0 answers

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