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For each company, calculate the ratio of cash to noncash assets. (Round percentage answers to two decimal places.) Total Tuohy Incorporated Oher Corporation Tuohy Incorporated Oher Corporation Total Cash $4,900 4,200 Assets Liabilities $24,800 $4,300 27,100 6,900 Cash Noncash Assets Ratio % %

For each company, calculate the ratio of cash to noncash assets. (Round percentage answers to two decimal places.) Total Tuohy Incorporated Oher Corporation Tuohy Incorporated Oher Corporation Total Cash $4,900 4,200 Assets Liabilities $24,800 $4,300 27,100 6,900 Cash Noncash Assets Ratio % %

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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For each company, calculate the ratio of cash to noncash assets. (Round percentage answers to two decimal places.) Total Tuohy Incorporated Oher Corporation Tuohy Incorporated Oher Corporation Total Cash $4,900 4,200 Assets Liabilities $24,800 $4,300 27,100 6,900 Cash Noncash Assets Ratio % %
Transcribed Image Text:For each company, calculate the ratio of cash to noncash assets. (Round percentage answers to two decimal places.) Total Tuohy Incorporated Oher Corporation Tuohy Incorporated Oher Corporation Total Cash $4,900 4,200 Assets Liabilities $24,800 $4,300 27,100 6,900 Cash Noncash Assets Ratio % %
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