Question: Exercise 3 - 1 8 ( Static ) Calculating ratios; solve for unknowns [ LO 3 - 8 ] The current asset section of the

Exercise 3-18(Static) Calculating ratios; solve for unknowns [LO3-8]
The current asset section of the Excalibur Tire Company's balance sheet consists of cash, marketable securities, accounts receivable, and inventory. The balance sheet revealed the following:
\table[[Inventory,$840,000
 Exercise 3-18(Static) Calculating ratios; solve for unknowns [LO3-8] The current asset

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