Question: Cullumber Company has these comparative balance sheet data: Additional information for 2020 : Compute the following ratios at December 31,2020. (Round current ratio and inventory

2020 : Compute the following ratios at December 31,2020. (Round current ratio

and inventory turnover to 2 decimal place and all other answers to

Cullumber Company has these comparative balance sheet data: Additional information for 2020 : Compute the following ratios at December 31,2020. (Round current ratio and inventory turnover to 2 decimal place and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.) Compute the following ratios at December 31, 2020. (Round current ratio and inventory turnover to 2 decimal places, e.g. 1 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.)

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