Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
4th Edition
ISBN: 9781111581565
Author: Gaylord N. Smith
Publisher: Cengage Learning
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Chapter 15, Problem 3R
  1. a. What information does a comparison of the current ratio and acid test ratio provide?
  2. b. Is the company using leverage to its advantage? Explain.
  3. c. What other observations can be made comparing Global Technologyʼs ratios to the following industry norms:

Chapter 15, Problem 3R, a. What information does a comparison of the current ratio and acid test ratio provide? b. Is the

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