Question: i need help with this question please. can you please help? thank you! Refer to the following selected financial information from Texas Electronics Compute the
Refer to the following selected financial information from Texas Electronics Compute the company's current ratio for Year 2. Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 $ 39,100 106,000 93,500 129,000 13,700 396, eee 105,400 719,000 398,000 Year 1 $ 33,850 68, 87,500 133,000 11,300 346,000 115,800 684,000 383,000 Multiple Choice 362 239
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