Question: Use the following data to compute Current Ratio. Accounts Payable Accounts Receivable 210 1,410 Capital Stock Cash 120 50 Cost of Goods Sold 300 Inventory
Use the following data to compute Current Ratio. Accounts Payable Accounts Receivable 210 1,410 Capital Stock Cash 120 50 Cost of Goods Sold 300 Inventory 190 Long-term Debt 2,320 Net Income 140 Property, Plant, and Equipment (net) 700 Retained Earnings (110) Sales 1,500 Select one: a. 0.53 b. 0.79 c. 8.76 d. 0.99 e. 2.00 f. 1.00 g. 7.85 h. 0.73
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