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1.The financial data of company CDE is provided in the below table. What is the cash ratio of company CDE? Company CDE In Dollars Cash

1.The financial data of company CDE is provided in the below table.

What is the cash ratio of company CDE?

Company CDE In Dollars

Cash 46,000

Marketable securities 510,000

Accounts receivables 420,000

Inventories 1,500,000

Current assets 2,476,000

Current Liabilities 2,200,000

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