Question: Current Ratio The following financial data is from Hi-Tech Instruments' financial statements (thousands of dollars, except earnings per share.) 2016 Sales revenue Cost of goods

statements (thousands of dollars, except earnings per share.) 2016 Sales revenue Cost

of goods sold 125,000 Net income Dividends Earnings per share4.15 $210,000 8,300

2.600 Hi-Tech Instruments, Inc. Balance Sheet Dec. 31, 2016 Dec. 31, 2015

Current Ratio The following financial data is from Hi-Tech Instruments' financial statements (thousands of dollars, except earnings per share.) 2016 Sales revenue Cost of goods sold 125,000 Net income Dividends Earnings per share4.15 $210,000 8,300 2.600 Hi-Tech Instruments, Inc. Balance Sheet Dec. 31, 2016 Dec. 31, 2015 (Thousands of Dollars) Assets Cash Accounts receivable (net) 14300 $18.000 42.000 41,000 Chapter 14 Handw xlsx ^

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