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The balance sheet for Plasma Screens Corporation and additional information are provided below. Additional information for 2015: Net income is S75.000. Sales on account are
The balance sheet for Plasma Screens Corporation and additional information are provided below. Additional information for 2015: Net income is S75.000. Sales on account are S 1.739.000. Cost of goods sold is S1.299.650. 1. Calculate the following risk ratios for 2015: (Round your answers to 1 decimal place.) 2. When we compare two companies, can one have a higher current ratio while the other has a higher acid- test ratio
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