Horizontal analysis of Libertys balance sheet for 2017 would report a. Cash as 9.50% of total assets.
Question:
Horizontal analysis of Liberty’s balance sheet for 2017 would report
a. Cash as 9.50% of total assets.
b. a 17% increase in Cash and Cash Equivalents.
c. a current ratio of 1.01.
d. inventory turnover of 6 times.
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Horngrens Accounting The Managerial Chapters
ISBN: 9781292105871
11th Global Edition
Authors: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura
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