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The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable $230,500 103,500 266,200 Inventory 208,700 Accounts payable 323,100 Round
The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable $230,500 103,500 266,200 Inventory 208,700 Accounts payable 323,100 Round your answers to two decimal places. a. Determine the current ratio. b. Determine the quick ratio.
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Financial Accounting with IFRS Fold Out Primer
Authors: John Wild
5th edition
978-0077408770, 77408772, 978-0077413804
