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Required information [The following information applies to the questions displayed below.] The following accounts are taken from the financial statements of Paradise Tropical Resorts at
Required information [The following information applies to the questions displayed below.] The following accounts are taken from the financial statements of Paradise Tropical Resorts at June 30, 2019. (Amounts are in millions.) Accounts Payable Accounts Receivable Cash Common Stock Equipment Income Tax Expense Interest Expense Notes Payable (long-term) Prepaid Rent Retained Earnings Service Revenue Short-Tern Investments Software {:[$1","710],[460],[3","960],[13","600],[3","750],[460],[210],[1","700],[1","900],[4","200],[13","300],[7","900],[3","300]:} 3-a. Determine the current ratio. 3-b. Were the current assets sufficient to cover the current liabilities at June 30, 2019? Complete this question by entering your answers in the tabs below. Rea 38 Were the c
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