Ross Music Inc. reported the following selected information at March 31. Calculate (a) the current ratio and
Question:
Ross Music Inc. reported the following selected information at March 31.
Calculate
(a) the current ratio and
(b) the debt to assets ratio for March 31, 2025.
Transcribed Image Text:
Total current assets Total assets Total current liabilities Total liabilities 2025 $262,787 439,832 293,625 376,002
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9781119791089
10th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
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