Spartan Sportswear's current assets consist of cash, short-term investments, accounts receivable, and inventory. The following...
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Spartan Sportswear's current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a recent financial statement Tnventory Total asta Current ratio Meid-test ratio Debt to equity ratio $230,000 $795,000 3.00 1.75 1.65 Required: Compute the current assets for Spartan (Do not round intermediate calculations.) Current stats Spartan Sportswear's current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a recent financial statement: Inventory Total assets Current ratio Acid-test ratio Debt to equity ratio $310,000 $810,000 3.8 1.8 1.7 Required: Compute the long-term assets for Spartan Long-term andets
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