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18. A firm has the following balance sheet information: total assets = $100,000; current assets $30,000; inventories = $10,000; cash $5,000; total liabilities = $30,000;

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18. A firm has the following balance sheet information: total assets = $100,000; current assets $30,000; inventories = $10,000; cash $5,000; total liabilities = $30,000; current liabilities = $15,000; notes payable = $2,000. What are the firm's quick and NWC-to-Total-Assets ratios? a. 1.00 and.13 b. 1.33 and.13 c. 1.00 and.15 d. 1.33 and.15

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