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The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable Inventory Accounts payable $282,800 91,200 234,400 205,600 289,500 Determine the
The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable Inventory Accounts payable $282,800 91,200 234,400 205,600 289,500 Determine the (a) current ratio, and (b) quick ratio. Round your answers to one decimal place. a. Current ratio b. Quick ratio
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Basic Principles Of Accounting A Guide For Toatal Beginners
Authors: Simon Udeh Andrew
1st Edition
979-8861488440
