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Excerpts from Sydner Corporation's Most Recent Balance Sheet Appear Below

Question 210

Multiple Choice

Excerpts from Sydner Corporation's most recent balance sheet appear below: Excerpts from Sydner Corporation's most recent balance sheet appear below: Sales on account in Year 2 amounted to $1,515 and the cost of goods sold was $975.The current ratio at the end of Year 2 is closest to: A) 1.70 B) 0.42 C) 0.85 D) 0.51 Sales on account in Year 2 amounted to $1,515 and the cost of goods sold was $975.The current ratio at the end of Year 2 is closest to:


A) 1.70
B) 0.42
C) 0.85
D) 0.51

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