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Selected financial data regarding current assets and current liabilities for Duchess s Line, a competitor in the cruise line industry, is provided: ( $ in
Selected financial data regarding current assets and current liabilities for Duchesss Line, a competitor in the cruise line industry, is provided: $ in millions Current Assets: Cash and Cash Equivalents $ Current Investments Net Receivables Inventory Other Current Assets Total Current Assets $ Current Liabilities: Accounts Payable $ ShortTerm Debt Other Current Liabilities Total Current Liabilities $ Required: Calculated the current ratio and the acidtest ratio for Duchesss Line. Enter your answer in millions, not in dollars. For example, $ should be entered as
Selected financial data regarding current assets and current liabilities for Duchesss Line, a competitor in the cruise line industry, is provided:
$ in millions
Current Assets:
Cash and Cash Equivalents $
Current Investments
Net Receivables
Inventory
Other Current Assets
Total Current Assets $
Current Liabilities:
Accounts Payable $
ShortTerm Debt
Other Current Liabilities
Total Current Liabilities $
Required:
Calculated the current ratio and the acidtest ratio for Duchesss Line. Enter your answer in millions, not in dollars. For example, $ should be entered as
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