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Business, 11.06.2020 16:57 4804344130

The following items are reported on a company's balance sheet: Cash $510,000 Marketable securities 398,500 Accounts receivable (net) 338,900 Inventory 346,500 Accounts payable 693,000 Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. a. Current ratio b. Quick ratio

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The following items are reported on a company's balance sheet: Cash $510,000 Marketable securities 3...
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