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4) CNA has a current ratio of 3.5 and a quick ratio of 3.0. If its total current assets equal $ 87,500, what are CNA

4) CNA has a current ratio of 3.5 and a quick ratio of 3.0. If its total current assets equal $ 87,500, what are CNA (a) current liabilities and (b) inventory? (Hint: Quick Ratio = (Current Assets - Inventory)/(Current Liabilities))

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