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The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable Inventory Accounts payable $233,400 85,400 237,200 217,900 294,300 Determine
The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable Inventory Accounts payable $233,400 85,400 237,200 217,900 294,300 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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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
2nd edition
73396958, 978-0077630461, 77630467, 978-0073396958
