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21. (6 points)The following items are reported on a company's balance sheet: Cash $230,000 Marketable securities 50,000 Accounts receivable 200,000 Inventory 240,000 Accounts payable 300,000

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21. (6 points)The following items are reported on a company's balance sheet: Cash $230,000 Marketable securities 50,000 Accounts receivable 200,000 Inventory 240,000 Accounts payable 300,000 Determine the (a)working capital (b) current ratio and (c) quick ratio. Round your answers to one decimal place

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