Question: Using the data below, compute CURRENT RATIO. Accounts Payable Accounts Receivable Capital Stock Cash Cost of Goods Sold Inventory Long-term Debt Net Income Property,

Using the data below, compute CURRENT RATIO. Accounts Payable Accounts Receivable Capital

Using the data below, compute CURRENT RATIO. Accounts Payable Accounts Receivable Capital Stock Cash Cost of Goods Sold Inventory Long-term Debt Net Income Property, Plant, and Equipment (net) Retained Earnings Sales Market value of shares 1,300 1,500 2,000 200 8,000 2,100 4,000 650 5,000 1,500 12,000 12,000

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