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Compute the current assets for Bronco

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Problem - Bronco Electronics' current assets consist of cash, marketable securities, accounts receivable, and inventories. The following data were abstracted from a recent financial statement:

Inventories $165,000

Total assets $1,490,000

Current ratio 3.5

Acid-test ratio 2.40

Debt to equity ratio 1.5

Required - Compute the current assets for Bronco?

Reference no: EM132709318

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