Horngren's Financial & Managerial Accounting, The Financial Chapters (Book & Access Card)
5th Edition
ISBN: 9780134078939
Author: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura
Publisher: PEARSON
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Textbook Question
Chapter 15, Problem 15.12SE
Using ratios to reconstruct a balance sheet
Walsham Mills's balance sheet appears as follows (amounts in thousands):
Use the following ratio data to complete Walsham Mills's balance sheet.
- a.
Current ratio is 0.86. - b. Acid-test ratio is 0.40.
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Chapter 15 Solutions
Horngren's Financial & Managerial Accounting, The Financial Chapters (Book & Access Card)
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