On June 30, Year 3, Jordan Company's total current assets were $503,000 and its total...
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Accounting
On June Year Jordan Company's total current assets were $ and its total current liabilities were $ On July Year Jordan issued a longterm note to a bank for $ cash.
Required
a Compute Jordan's working capital before and after issuing the note.
b Compute Jordan's current ratio before and after issuing the note.
Note: Round your answers to decimal place.
tabletableBefore thetransactiontableAfter thetransactiona Working capital,,b Current ratio,,
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