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Answer :
Answer:
new current​ ratio = 1.09
Explanation:
given data
current assets = $1,552
current liabilities =​ $1,413
total assets = $1,742
liabilities =​ $1,210
solution
we get here new current​ ratio that is express as
new current​ ratio = current assets ÷ current liability ...............1
put here value and we will get
new current​ ratio = 1,552 ÷ 1,413
new current​ ratio = 1.09
Thank you for reading the article Dooley Company had current assets ofâ 1 552 current liabilities ofâ 1 413 total assets ofâ 1 742 and longminusterm liabilities ofâ 1 210 If. We hope the information provided is useful and helps you understand this topic better. Feel free to explore more helpful content on our website!
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