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Here are key figures from the balance sheet of Sicily Inc at the end of 2016 amounts in thousands December 312016 3000 Total assets of which 60are current 300 Current liabilities

Here are key figures from the balance sheet of Sicily, Inc., at the end of 2016 (amounts in thousands): December 31, 2016 3,000 Total assets (of which 60% are current) 300 Current liabilities 1,400 Bonds payable (long-term) 1,200 Common stock. 100 Retained earnings 3,000 Total liabilities and stockholders' equity Sicily's current ratio at the end of 2016 is A. 6.00 B. 1.06 C. 10.00 D. 18.00
 

Apr 01 2020 View more View Less

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