Business, 05.05.2020 05:14 kaitlynmoore42
On June 30, 2018, Adams Company’s total current assets were $504,500 and its total current liabilities were $278,000. On July 1, 2018, Adams issued a short-term note to a bank for $40,200 cash. Required Compute Adams’s working capital before and after issuing the note. Compute Adams’s current ratio before and after issuing the note. (Round your answers to 2 decimal places.)
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On June 30, 2018, Adams Company’s total current assets were $504,500 and its total current liabiliti...
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