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Pritchett Company reported the following year-end data: Cash $ 15,600 Short-term investments 8,300 Accounts receivable (current) 12,500 Inventory 16,800 Prepaid (current) assets 6,600 Total current
Pritchett Company reported the following year-end data: Cash $ 15,600 Short-term investments 8,300 Accounts receivable (current) 12,500 Inventory 16,800 Prepaid (current) assets 6,600 Total current liabilities 26,000 Compute the (a) current ratio and (b) acid-test ratio
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Cost Accounting A Managerial Emphasis
Authors: Charles T Horngren
6th Edition
0131795082, 978-0131795082
