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The following data were taken from the records of Menendez Company: Current assets $ 5,000 Property, plant, and equipment 10,000 Current liabilities 3,500 Long-term liabilities
The following data were taken from the records of Menendez Company: Current assets $ 5,000 Property, plant, and equipment 10,000 Current liabilities 3,500 Long-term liabilities 5,000 Stockholders' equity 6,500 What is Menendez Company's current ratio? a. 1.43 b. $5,000 c. 1.00 d. 2.86
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel
3rd Edition
0470377852, 978-0470377857
