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The following data are taken from the balance sheet at the end of the current year.
Determine:
(a) working capital
(b) current ratio
(c) quick ratio.
Round ratios to the nearest tenth.
Industrial Relations Department
A division within a company focused on managing relationships and negotiating labor contracts with employees and unions.
Open For Negotiation
A term indicating willingness to discuss and compromise on terms in a discussion or agreement.
Mutual Gains Bargaining
A negotiation strategy where all parties involved aim to find solutions that benefit everyone, rather than competing for fixed resources.
Bargaining Table
A metaphorical or physical table where labor unions and employers negotiate terms of employment, wages, and other conditions.
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