Use the following excerpt of Dragonfly Corporations asset balances to compute Dragonflys working capital and current ratio

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Use the following excerpt of Dragonfly Corporation’s asset balances to compute Dragonfly’s working capital and current ratio for 2023 and 2022. Comment on Dragonfly’s liquidity and changes in liquidity from 2022 to 2023. Dragonfly’s current liabilities are $89,754 million and $82,271 million in 2023 and 2022, respectively.


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Intermediate Accounting

ISBN: 9780136946694

3rd Edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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