Richmond Wins,Inc.,had the following alphabetical list of accounts taken from its adjusted trial balance at December 31,20B:
Required:
A.Prepare a multiple step income statement for 20B.(Include gross profit,but ignore income taxes.)
B.Compute the current ratio.

Question

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The Answer of Richmond Wins,Inc.,had the following alphabetical list of accounts taken from its adjusted trial balance at December 31,20B:
Required:
A.Prepare a multiple step income statement for 20B.(Include gross profit,but ignore income taxes.)
B.Compute the current ratio.