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For example: -10234.35
No other characters, including commas, are accepted.
Cost of sales
Trade accounts payable at 31 August 20X6
What was the current ratio based upon the available information?
The industry the company operates in has a current ratio norm of 1.5. Companies who manage liquidity well in this industry have a current ratio lower than the norm.
Which of the following statements accurately describes the company's liquidity position?
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