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Classified Balance Sheet
p2. The information that follows is from Jason’s Hardware Corporation’s June 30, 2014, post-closing trial balance.
ReqUIReD
1. Prepare a classified balance sheet for Jason’s Hardware Corporation.
2. Business appliCation 
Compute Jason’s Hardware’s current ratio and debt to equity ratio. (Round to one decimal place.)
3. Business appliCation As a user of the classified balance sheet, why would you want to know the current ratio or the debt to equity ratio?
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