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Author Question: A department store has current assets of 320,750 and current liabilities of 198,545. What is the ... (Read 38 times)

faduma

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on: Jun 24, 2018
A department store has current assets of 320,750 and current liabilities of 198,545. What is the store's current ratio, to the nearest tenth?

Question 2

The Uptown Grill had a gross profit of 118,400 and operating expenses of 94,530 last month. What was its net income?


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Alyson.hiatt@yahoo.com

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Reply #1 on: Jun 24, 2018
Answer to Question 1

1.6 : 1

Answer to Question 2

23,870


faduma

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

yeungji

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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