Credit Card of America (CCA) has a current ratio of 3.5 and a quick ratio of 3.0.

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Credit Card of America (CCA) has a current ratio of 3.5 and a quick ratio of 3.0. If its total current assets equal $73,500, what are CCA’s

(a) Current liabilities

(b) Inventory?

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CFIN

ISBN: 978-1305666870

5th edition

Authors: Scott Besley, Eugene Brigham

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Question Posted: Jan 31, 2020 09:34 AM

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Credit Card of America (CCA) has a current ratio of 3.5 and a quick ratio of 3.0.

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a b Inventory 73500 3021000 10...View the full answer

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