Airline Accessories has the following current assets: cash, $112million; receivables, $104 million; inventory, $192 million; and other
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Based on these amounts, calculate the current ratio and the acid-test ratio for Airline Accessories.
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Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
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