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View Policies Current Attempt in Progress Gwynn Incorporated had the following transactions involving current assets and current liabilities during February 2020. Feb. 3 Collected accounts

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View Policies Current Attempt in Progress Gwynn Incorporated had the following transactions involving current assets and current liabilities during February 2020. Feb. 3 Collected accounts receivable of $14.200 7 Purchased equipment for $28,400 cash. 11 Paid $2,000 for a 1-year insurance policy 14 Paid accounts payable of $13,000. 18 Declared cash dividends, $5,600. Additional information: As of February 1, 2020. current assets were $129,480, and current liabilities were 549,800. 2 decimal places, eg. 1.67.) Compute the current ratio as of the beginning of the month and after each transaction (Round answers Current ratio February 1 :1 February 3 February 7 1 1 February 11 February 14 February 18 e Textbook and Media Attempts: 0 of 3 used Submit Answer Using multiple attempts will impact your score ANAL oro ter attempt 2

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