The balance sheet for Great Walls Supermarket, Inc. reports the following data (in millions) for the...
The balance sheet for Great Walls Supermarket, Inc. reports the following data (in millions) for the year. What is the company’s current ratio (round to two decimal places) for the year?
Cash and cash equivalents - $366
Marketable Securities - $298
Accounts receivable - $242
Merchandise inventories - $517
Current assets - $2,103
Current liabilities - $1,737
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The balance sheet for Great Walls Supermarket, Inc. reports the
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