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Smith Electronics reported the following figures in its 2017 and 2016 financial statements. Compute the cash ratio for 2017 and 2016. What does the cash

Smith Electronics reported the following figures in its 2017 and 2016 financial statements. image text in transcribed Compute the cash ratio for 2017 and 2016. What does the cash ratio measure? Use this information to discuss the business performance of Smith Electronics.

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