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The Summer Sun & Shade Company had the following financial data for the year ended December 31, 2015: What is the cash ratio as of

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The Summer Sun & Shade Company had the following financial data for the year ended December 31, 2015: What is the cash ratio as of December 31, 2015, for Summer Sun & Shade? Determine the formula, then calculate the cash ratio. (Enter the cash ratio to three decimal places. X.XXX.)

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