Exercise 17-13 Computing current ratio and profit margin P3 Niantic reported the following financial information (amounts in millions). Compute the current ratio and profit margin. Current assets.. Total assets....... Current liabilities. ****** ***** $9,000 11,477 900 Net sales ........... $4,400 Net income. 176 *******

Exercise 17-13 Computing current ratio and profit margin P3 Niantic reported the following financial information (amounts in millions). Compute the current ratio and profit margin. Current assets.. Total assets....... Current liabilities. **** * $9,000 11,477 900 Net sales ........... $4,400 Net income. 176 *****

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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