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  • Nov 19, 2012, 07:46 PM
    Jess 25
    Quick ratio formula
    The balance sheet for Stevenson Corporation reported the following: quick assets, $37,000; noncurrent assets, $200,000; total assets, $400,000; noncurrent liabilities, $220,000; total stockholders' equity, $99,000.





    Compute Stevenson's quick ratio and working capital.

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