The current assets and current liabilities for Texas Instruments Inc. for five recent years are shown as

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The current assets and current liabilities for Texas Instruments Inc. for five recent years are shown as follows (in millions):


The current assets and current liabilities for Texas Instruments


1. Calculate and graph the current and quick ratios for the five comparative years. Round to two decimal places.
2. Interpret yourgraph.

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Financial Accounting An Integrated Statements Approach

ISBN: 978-0324312119

2nd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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