At the end of year 1, swanson corporation has $650,000 in current assets and $500,000 in current liabilities. during year 2, the company realizes a $100,000 increase in each amount, such that at the end of year 2, the company has $750,000 in current assets and $600,000 in current liabilities. calculate the current ratio for year 1 and for year 2.
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At the end of year 1, swanson corporation has $650,000 in current assets and $500,000 in current lia...
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