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Author Question: On March 31, Adolpha, Inc. reported the following information on its financial statements.What is ... (Read 44 times)

Mscarter

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Question 1

On December 31, the Cornerstone Company reported the following information on its financial statements.



According to this information, the company's current ratio is approximately
◦ 0.72.
◦ 1.39.
◦ 1.73.
◦ 1.90.

Question 2

On March 31, Adolpha, Inc. reported the following information on its financial statements.



What is the available net working capital for Adolpha, Inc.?
◦ -$253,844
◦ -$132,366
◦ $121,578
◦ $1,873,020


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Marked as best answer by Mscarter on Mar 29, 2022

sakura282000

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Mscarter

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review


Joy Chen

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Reply 3 on: Yesterday
Gracias!

 

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