Data from Dunshee Corporation's most recent balance sheet appear below: Year 2 Ye Current assets:...
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Data from Dunshee Corporation's most recent balance sheet appear below: Year 2 Ye Current assets: Cash $ 134 $1 Accounts receivable, net 278 2 Inventory 102 1 Prepaid expenses 14 Total current assets $ 528 $5 Total current liabilities $ 246 $2 Sales on account in Year 2 amounted to $1270 and the cost of goods sold was $790. IN U The acid-test (quick) ratio at the end of Year 2 is closest to: om Dunshee Corporation's most recent balance sheet appear Year 2 Year 1 It assets: $ 134 $104 nts receivable, net 278 298 ory 102 122 d expenses 14 14 urrent assets $ 528 $538 urrent liabilities $ 246 $240 in account in Year 2 amounted to $1270 and the cost of goods sold '90. id-test (quick) ratio at the end of Year 2 is closest to
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