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8. Given the following information, compute the current and quick ratios: Cash Accounts receivable Inventory Current liabilities Long-term debt Equity $100,000 357,000 458,000 498,000 610,000

8. Given the following information, compute the current and quick ratios: Cash Accounts receivable Inventory Current liabilities Long-term debt Equity $100,000 357,000 458,000 498,000 610,000 598,000

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