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The following items are reported on a company's balance sheet: Cash $161,300 Marketable securities 126,000 Accounts receivable (net) 72,700 Inventory 144,000 Accounts payable 360,000 Determine
The following items are reported on a company's balance sheet:
| Cash | $161,300 |
| Marketable securities | 126,000 |
| Accounts receivable (net) | 72,700 |
| Inventory | 144,000 |
| Accounts payable | 360,000 |
Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place.
| a. Current ratio | fill in the blank 1 |
| b. Quick ratio | fill in the blank 2 |
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Risk Based Tax Audits Approaches And Country Experiences
Authors: Munawer Sultan Khwaja, Rajul Awasthi, Jan Loeprick
1st Edition
0821387545, 978-0821387542
