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Business, 31.10.2021 04:40 mandy9386

29. The balance sheet of Red Missile Company contained the following items, among others: (a) From the above information compute: (1) Current assets: $ (2) Current liabilities: $ (3) The current ratio: to 1 (4) Working capital: $ (b) Assume that Red Missile Company pays the note payable of $163,000, thus reducing cash to $17,000. Compute the following after the completion of this transaction: (1) The current ratio: to 1 (2) Working capital: $

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29. The balance sheet of Red Missile Company contained the following items, among others: (a) From t...

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