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Use the Following Selected Financial Information to Compare These Two

Question 182

Essay

Use the following selected financial information to compare these two companies at December 31, 2019, and to answer the questions that follow. Use the following selected financial information to compare these two companies at December 31, 2019, and to answer the questions that follow. Calculate working capital and the short-term liquidity ratios for these two companies for 2019 and comment on their relative liquidity. Calculate working capital and the short-term liquidity ratios for these two companies for 2019 and comment on their relative liquidity.

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Working Capital:
Russell:
$973,500 curre...

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