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The following companies are competing in the same industry where the industry norm for the current ratio is 1.6. a. Complete the schedule. (Round the
The following companies are competing in the same industry where the industry norm for the current ratio is 1.6. a. Complete the schedule. (Round the final answers to 2 decimal places.) Current Assets Current Liabilities Current Ratio Comparison to Industry Norm (Favourable or Unfavourable) :1 Favourable :1 Unfavourable Bruce 33,750 79,000 121,500 Peter 120,000 107,750 Clark 68,250 :1 Unfavourable
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The Audit Process Principles Practice And Cases
Authors: Stuart Manson, Iain Gray, Iain G. Sheffield, I.H. Gray, I. Etal Gray
2nd Edition
1861520107, 9781861520104
