Business, 17.04.2020 01:06 lovelyheart5337

QUESTION 3 The following information pertains to Blue Flower Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 45,000 Accounts receivable (net) 30,000 Inventory 25,000 Property, plant and equipment 210,000 Total Assets $310,000 Liabilities and Stockholders' Equity Current liabilities $ 60,000 Long-term liabilities 95,000 Stockholders' equity common 155,000 Total Liabilities and Stockholders' Equity $310,000 What is the current ratio for this company?

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QUESTION 3 The following information pertains to Blue Flower Company. Assume that all balance sheet...

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