Question: Problem 3 - 3 4 ( Algo ) Using ratlos to determIne account balances [ LO 3 - 2 ] We are given the following
Problem Algo Using ratlos to determIne account balances LO
We are given the following information for the Pettit Corporation.
Current assets are composed of cash, marketable securities accounts receivable, and inventory.
Calculate the following balance sheet items.
Note: Do not round Intermedlate calculatlons. Round your flnal answers to the nearest whole number.
Answer is complete but not entirely correct.
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