What was the current ratio? Accounts in Millions of USD. ITEM Accounts Receivable Accounts Payable Expense...
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What was the current ratio? Accounts in Millions of USD. ITEM Accounts Receivable Accounts Payable Expense Accruals Accumulated Depreciation Cash Cost of Goods Sold (COGS) Depreciation Expense Interest Expense Inventory Long Term Debt Operating Expenses Net Fixed Assets Notes Payable Sales Tax rate 30% 2020 3,000 500 500 1,000 1,000 2,000 500 600 3,000 1,000 800 3,000 300 9,000 What was the current ratio? Accounts in Millions of USD. ITEM Accounts Receivable Accounts Payable Expense Accruals Accumulated Depreciation Cash Cost of Goods Sold (COGS) Depreciation Expense Interest Expense Inventory Long Term Debt Operating Expenses Net Fixed Assets Notes Payable Sales Tax rate 30% 2020 3,000 500 500 1,000 1,000 2,000 500 600 3,000 1,000 800 3,000 300 9,000
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The current ratio is calculated by dividing the total current a... View the full answer
Related Book For
Introductory Financial Accounting for Business
ISBN: 978-1260299441
1st edition
Authors: Thomas Edmonds, Christopher Edmonds
Posted Date:
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