SE2-10A. Given the following information, compute the current ratio for the two years shown. Explain...
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SE2-10A. Given the following information, compute the current ratio for the two years shown. Explain the trend in the ratio for both years and what you think it means. From balance sheet at Current assets Current liabilities 06/30/2010 06/30/2011 $300,000 $360,000 $200,000 $300,000
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