Use the Information Below to Answer the Following Question

question 51

Short Answer

Use the information below to answer the following question.


-Referring to the information given, compute the current ratio.

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Definitions:

Deposits

Funds placed into a bank account for safekeeping or as a pledge as part of a financial transaction.

Certified

Officially recognized as possessing certain qualifications or meeting specific standards.

Forges

The act of illegally copying or fabricating something, usually documents, artwork, or currency, with the intent to deceive.

Suffers The Loss

Experiencing negative consequences, usually financial, as a result of an event, decision, or action.