Using the following year-end information for Bauman, LLC, calculate the current ratio and acid-test ratio:
Cash
Using the following year end information for bauman, LLC calculate the current ratio and acid test ratio.
Short-term investments
Accounts receivable
Inventory
Prepaid expenses
Accounts payable
Other current payables
$45,680
10,000
42,500
245,000
14,320
90,700
23,800
Answers: 2
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