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Schellhammer Corporation reported the following amounts in 2016, 2017, and 2018. 2016 2017 2018 Current assets $270,000 $305,100 $332,100 Current liabilities 150,000 168,000 184,000 Total
Schellhammer Corporation reported the following amounts in 2016, 2017, and 2018.
2016 | 2017 | 2018 | |||||||
Current assets | $270,000 | $305,100 | $332,100 | ||||||
Current liabilities | 150,000 | 168,000 | 184,000 | ||||||
Total assets | 517,000 | 628,000 | 609,000 |
(b) Perform each of the three types of analysis on Schellhammers current assets.
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