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Question 13 (3 points) According to Martin's balance sheet, the company's assets total $26.5 million. The company has $8 million cash and is owed $5
Question 13 (3 points) According to Martin's balance sheet, the company's assets total $26.5 million. The company has $8 million cash and is owed $5 million by its customers. It also has $3 million of goods on hand. Martin's net plant and equipment is worth $10 million and has $500,000 worth of intangibles. The company's current liabilities are $2 million. What is Martin's current ratio? 5.25 8.00 9.25 13.25 There is not enough information given to answer this
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