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Unformatted text preview: 2b. Amazon.com expects to collect $558 million from its customers after December 31, 2007. 2c. Amazon.com expected not to collect $147 million at December 31, 2007. 3. Amazon’s acid-test ratio at the end of 2007 is $2,539 + 1200 + 705 = $4,444 / 3,714 = 1.197 If all the current liabilities came due immediately, Amazon would not be able to pay them....
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This note was uploaded on 07/18/2011 for the course ACCT 101 taught by Professor Thompson during the Spring '11 term at Broome Community College.
- Spring '11