Given the following information, compute the current ratio for the two years shown. Explain the trend in
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From balance sheet at Current assets Current liabilities 06/30/2010 06/30/2011 $360,000 $300,000 $300,000 $200,000
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Financial Accounting: A Business Process Approach
ISBN: 978-0136115274
3rd edition
Authors: Jane L. Reimers
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