Business, 13.12.2020 09:50 mahmudabiazp3ekot

Question 26 Using the following year-end information for Breanna Boutique, calculate the current ratio and acid-test ratio for the boutique:
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Cash.
$ 52,000
arked out of
.00
Short-term investment.
12,000
54,000
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Accounts Receivable.
325,000
17,500
Inventory
Prepaid expenses
Account payable.
Other current payables.
106,500
25,000

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Question 26 Using the following year-end information for Breanna Boutique, calculate the current ra...