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Q5. Ryan Jet has a 560 million liability at December 31, 2018, of which $20 million it pryable in 2019. In its December 31,2018 balance
Q5. Ryan Jet has a 560 million liability at December 31, 2018, of which $20 million it pryable in 2019. In its December 31,2018 balance sheet, the company reports the $60 million debt as A A 560 million current liability on the balanee sheet. B A 560 miltion long-term liability on the balmec sheet: C A $20 million current liability and a $40 million long-tenu liability on the balance alieet. D. A $40 million current liability and a $20 millon long-term labbly on the balance sheet. QUESTION 6 Q6. Working eapital is A. Current assets divided by current liabilitice. 8 Curent assets nuins curent liabilities. C. Cabb, short-term invettments, and accounts receivable divided by current liabilities. D. Cash, short-term investments, and accounts receivable minus current liablities. QUESTION 7 Q7. The current ratio is A. Curtent assets divided by current liabilities. 9. Cach and short-tenn investments divided by current liabilities. c. Cash, shert-temn imestments, and accounts receivable diviled by current liabilitien. D Cash, short-term investments, accounts receivable, and inventory divided by current liablities
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