maddie3106 maddie3106

27-12-2022
Business

Answered

The current asset section of the Excalibur Tire Company’s balance sheet consists of cash, marketable securities, accounts receivable, and inventory. The December 31, 2021, balance sheet revealed the following:Inventory $ 840,000 Total assets $ 2,800,000 Current ratio 2.25 Acid-test ratio 1.2 Debt to equity ratio 1.8

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