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The Top Part of Mars, Inc What Are Mars, Inc

question 44

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The top part of Mars, Inc.'s 2013 balance sheet is listed as follows (in millions of dollars) .  Current assets:  Current liabilities:  Cash and marketable  Accrued wages and  securities $10 taxes $20 Accounts receivable 40 Accounts payable 30 Inventory 160 Notes payable 40 Total $210 Total $90\begin{array} { l r c r } \text { Current assets: } & & \text { Current liabilities: } & \\\text { Cash and marketable } & & \text { Accrued wages and } & \\\text { securities } & \$ 10 & \text { taxes } & \$ 20 \\\text { Accounts receivable } & 40 & \text { Accounts payable } & 30 \\\text { Inventory } & 160 & \text { Notes payable } & 40 \\\text { Total } & \$ 210 & \text { Total } & \$ 90\end{array} What are Mars, Inc.'s current ratio, quick ratio, and cash ratio for 2013?

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Definitions:

Formatting Errors

Formatting errors are mistakes in the arrangement, organization, or structure of a document, often leading to incorrect interpretation or display of information.

Line Spacing

The distance between lines of text in a document, important for readability and the overall appearance of written material.

Effective Letter

A written communication that clearly conveys its intended message and achieves its purpose with the recipient.

Passive Voice

A grammatical construction in which the noun or noun phrase that would be the object of an active sentence appears as the subject of a sentence with passive voice.

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