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3. Cutler Enterprises has current assets equal to $4.5 million. The company's current ratio is 1.25, and its quick ratio is 0.75. What is the
3. Cutler Enterprises has current assets equal to $4.5 million. The company's current ratio is 1.25, and its quick ratio is 0.75. What is the firm's level of current liabilities (in millions)? a. $0.8 b. $1.8 c. $2.4 d. $2.9 e. $3.6 4. Refer to Self-Test Problem 3. What is the firm's level of inventories (in millions)? a. $0.8 b. $1.8 c. $2.4 d. $2.9 e. $3.6
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