A company has a current ratio of 1.5, a quick ratio of 1, and inventory worth $50,000.

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A company has a current ratio of 1.5, a quick ratio of 1, and inventory worth $50,000. Calculate the company's current liabilities.

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Using Financial Accounting Information The Alternative to Debits and Credits

ISBN: 978-1111534912

8th edition

Authors: Gary A. Porter, Curtis L. Norton

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Posted Date: Feb 09, 2023 11:50 PM

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A company has a current ratio of 1.5, a quick ratio of 1, and inventory worth $50,000.

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Using Financial Accounting Information The Alternative to Debits and Credits

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