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The followings are part of account balances of Company AAA. Cash $3,000 Inventory $3,000 Building $100,000 Accounts Receivable $3,000 Accounts Payable $3,000 Notes Payable
The followings are part of account balances of Company AAA. Cash $3,000 Inventory $3,000 Building $100,000 Accounts Receivable $3,000 Accounts Payable $3,000 Notes Payable (Non-current) $3,000 Depreciation Expense $10,000 Accumulated Depreciation $10,000 Based on the above information, calculate the current ratio.
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Principles of Financial Accounting
Authors: Belverd E. Needles, Marian Powers
12th edition
978-1133940562, 1133940560, 978-1285608464, 1285608461, 1133939287, 978-0357693605, 978-1285607047, 128560704X, 978-1133939283
