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Question - Given the following information, compute the current and quick ratios:
Cash $150,000
Accounts receivable 327,000
Inventory 446,000
Current liabilities 508,000
Long-term debt 628,000
Equity 565,000
Round your answers to two decimal places.
If payments were deferred for 2 years and interest accumulates at 4.2% compounded annually, what was the original value of the loan?
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In Dallas, all of the Jamba Juice outlets( which sell smoothies and related products) have placed a ''Brrr charge '' on any smoothie containing oranges or orange juice. Apparently, there was a freeze in Florida, causing a decrease in the supply of or..
Compute the price elasticity if quantity demanded at price $100 is 1760 units, and the quantity demanded at price $90 is 2000 units.
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