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The chief financial officer (CFO) of DeWanna Company is preparing a presentation to give to the companys major banks and investors. These groups are concerned
The chief financial officer (CFO) of DeWanna Company is preparing a presentation to give to the companys major banks and investors. These groups are concerned about DeWannas liquidity. The CFO knows that a common measure of liquidity is the CURRENT RATIO. Consider the items below. Which items are used in computing CURRENT RATIO? Current Liabilities Capital Stock Current Assets Net Income Long-term Debt Retained Earnings Net Income and Long-term Debt Current Assets and Retained Earnings Current Assets and Current Liabilities Net Income and Current Liabilities Capital Stock and Current Liabilities
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