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Business, 19.06.2020 23:57 summerhumphries3

The financial statements of Island Furniture Company include the following items: 2019 2018 Cash $45,500 $44,000 Short minus −term Investments 30,000 14,500 Net Accounts Receivable 92,000 98,000 Merchandise Inventory 165,000 149,000 Total Assets 530,000 550,000 Total Current Liabilities 306,000 293,000 Long minus −term Note Payable 62,000 59,000 What is the 2019 acid−test ratio

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The financial statements of Island Furniture Company include the following items: 2019 2018 Cash $45...
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