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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Computing the cash ratio
Smythe Banners reported the Following figures in its financial statements:
Compute the cash ratio for Smythe Banners.

Transcribed Image Text:Cash
Cash Equivalents
$ 26,500
5,000
Total Current Liabilities
30,000
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