Current ratio, quick ratio
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Figure out current ratio and quick ratio as per this data:
Current Assets:
Cash 14,000
Accounts Receivable 45,489
Inventory 39,239
Prepaid expenses 3,400
total current assets 102,128
Current Liabilities:
Accounts payable 98,789
Other current liabilities 3,456
Total Current liabilities 102,245
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Solution Summary
The solution calculates current ratio and quick ratio
Solution Preview
Figure out current ratio and quick ratio as per this data:
Current Assets:
Cash 14,000
Accounts Receivable 45,489
Inventory 39,239
Prepaid expenses 3,400
total current assets ...
Purchase this Solution
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