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Question 3: Using the table below. a) Calculate the current ratio for each of the following competing companies b) Which competitors is in the position

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Question 3: Using the table below. a) Calculate the current ratio for each of the following competing companies b) Which competitors is in the position to pay its short-term liabilitiesf Show working Question 4: Walbers Associates, astigue dealern, parchased goods for $75,000. Terms of the purchase were FOB shippins point, and the cost of transporting the goods to Walbers Associates's marehouse was $2,400. Walbers Associates invared the shipment at a cost of $300. Prior to patties the goods up for tale, they cleaned and tefurbithed them at a cost of 5960 . Determise the cort of inventory

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