Nwas financial statements contain the following information, Accounting Basics

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Nwas financial statements contain the following information

NWA's Financial Statements contain the following information: Cash $300,000 Accounts Payable $500,000 Accounts Receivable $650,000 Accrued Expenses $150,000 Inventory $800,000 Long Term Debt $1,000,000 Marketable Securities $100,000 Required:

(1)What is the current Ratio (2)What is the Quick Ratio (3) What is the Cash Ratio

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Accounting Basics: Nwas financial statements contain the following information

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Accounting Basics: Nwas financial statements contain the following information

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