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The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable Inventory Accounts payable $201,900 103,600 245,900 206,900 329,400 Determine
The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable Inventory Accounts payable $201,900 103,600 245,900 206,900 329,400 Determine the (a) current ratio and (b) quick ratio. Round answers to one decimal place. a. Current ratio b. Quick ratio
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
