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What is the cash ratio as of december for phillips inc

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Question - Phillips, Inc. had the following financial data for the year ended December 31, 2025.

Cash $43,000

Cash equivalents 75,000

Long term investments 57,000

Total current liabilities 147,000

Required - What is the cash ratio as of December 31, 2025, for Phillips, Inc.?

Reference no: EM133156046

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