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Question 5 Your answer is partially correct. Try again. Marin Inc. had the following transactians ining curreit assets and current liabilities during February 2020 Feb.
Question 5 Your answer is partially correct. Try again. Marin Inc. had the following transactians ining curreit assets and current liabilities during February 2020 Feb. 3 Collected accounts receivable of $11,000 7 Purchased equipment for $36,800 cash. Paid $3,500 for a 1-year insurance policy, 14 Paid accounts payable of $11,000. 18 Declared cash dividends, $5,100 Additianal information: As of February 1, 2020, current assets were $126,100 and current liabilities were $35,700 Campute the current ratio as of the beginning af th month and after each transaction. (Round all answers to 2 decimal places, eg. 1.83: 1.) Current ratio as of February 1, 2020 Feb. 3 places, eg 1 Feb. 11 Feb. 14 Feh. 18
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