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The following items are reported on a company's balance sheet: Cash $223,400 Marketable securities 89,400 Accounts receivable 229,700 Inventory 215,600 Accounts payable 282,700 Rou
The following items are reported on a company's balance sheet: Cash $223,400 Marketable securities 89,400 Accounts receivable 229,700 Inventory 215,600 Accounts payable 282,700 Rou your answers to two decimal places. a. Determine the current ratio. b. Determine the quick ratio.
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Answer 1 current ratio is 268 2 Quick ratio is 192 Explanation 1 Current ...
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
