As a bank loan officer, you are considering a loan application by Warren Sporting Goods. The company

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As a bank loan officer, you are considering a loan application by Warren Sporting Goods. The company has provided you with the following information from its balance sheet:

Cash $ 25,000

Accounts Receivable 45,000

Inventory 140,000

Fixed Assets 190,000

Current Liabilities 70,000

Long-term Liabilities 90,000

Calculate Warren's current ratio

Related Book For answer-question

Financial Accounting in an Economic Context

ISBN: 978-1119444367

10th edition

Authors: Jamie Pratt

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Posted Date: May 30, 2023 01:55 AM

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As a bank loan officer, you are considering a loan application by Warren Sporting Goods. The company

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Financial Accounting in an Economic Context

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