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31. A. Determine the current ratio B. Determine the quick ratio The following items are reported on a company's balance sheet: Cash Marketable securities Accounts
31. A. Determine the current ratio
The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable Inventory Accounts payable Round your answers to two decimal places. a. Determine the current ratio. $207,400 107,500 230,300 181,800 291,400 b. Determine the quick ratio B. Determine the quick ratio
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