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QUESTION 21 The fiscal 20X9 balance sheet for Whole Foods Market reports the following data...

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QUESTION 21 The fiscal 20X9 balance sheet for Whole Foods Market reports the following data (in millions). What is the company's current ratio? Cash and Marketable Securities Accounts receivable Current Merchandise invebtories Current liabilities cash equivalents assets $351 $379 $242 $517 $1,975 S1,341 CA0.69 OB1.38 C0.72 OP147 E. None of the above QUESTION 22 Many companies have cyclical operating cash needs due to: OA Mergers and acquisitions . OBThe seasonality of sales OCDelays in customer payments DRefinancing of debt OENone of the above requires cyclical operating cash QUESTION 23 Expected credit loss is calculated as: A. Chance of default X Total Debt . Chance of default X Z-Score OChance of default X Loss given default ODChance of default X Market value of Equity E None of the above

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