Explain the company current liabilities, Accounting Basics

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Explain the company current liabilities

Cotuit Company has a current ratio of 4.0 and an acid-test ratio of 3.1. The company's current assets consist of cash, marketable securities, accounts receivable, and inventory. The company's inventory is $36,000. Cotuit Company's current liabilities must be?

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Accounting Basics: Explain the company current liabilities

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Accounting Basics: Explain the company current liabilities

Reference No:- TGS0700346

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : How to deibel corporation is considering a project

Q : What would the annual net cash inflows from this project

Q : How to the net cash used in investing activities

Q : Financing activities on the statement of cash flows

Q : Explain the company current liabilities

Q : What is the combined present value

Q : Cramers rule to determine the cost of each bag

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Explain the company current liabilities

Reference No:- TGS0700346

Recent Questions Asked Accounting Basics

Q : How to deibel corporation is considering a project

Q : What would the annual net cash inflows from this project

Q : How to the net cash used in investing activities

Q : Financing activities on the statement of cash flows

Q : Explain the company current liabilities

Q : What is the combined present value

Q : Cramers rule to determine the cost of each bag

Q : Find frequencies of wavelength amateur radio bands

Q : Find the moment of inertia of the rod

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