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The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable inventory Accounts payable $202,600 102,400 271,300 219,100 297,900 Determine
The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable inventory Accounts payable $202,600 102,400 271,300 219,100 297,900 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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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587
