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14. What is the quick ratio for a company with current assets of $10 mil, inventory of $3 mil, and current liabilities of $5

14. What is the quick ratio for a company with current assets of $10 mil, inventory of $3 mil, and current liabilities of $5 mil? If the company issues short-notes payable for $2 mil and use the raised money to purchase inventory, what would be the new quick ratio?

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