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Home Q & A Board Other Fields Homework Help Business Accounting
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majestico majestico
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Posts: 1455
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7 years ago
Smith Company has the following account balances:

Cash   $100,000
Accounts Receivable   50,000
Merchandise Inventory   250,000
Equipment   400,000
Accounts Payable   50,000
Bonds Payable due in 10 years   300,000

Calculate Smith Company's current ratio.
A) 8.0
B) 7.6
C) 16.0
D) 2.0
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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#1
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7 years ago
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majestico Author
wrote...

7 years ago
Good timing, thanks!
annabananerz
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
dri
wrote...

2 hours ago
Correct Slight Smile TY
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