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A company has $30,000 in cash and cash equivalents, $85,000 in short-term investments, $126,000 in net current receivables, $62.000 in inventory, $11,000 of prepaid insurance

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A company has $30,000 in cash and cash equivalents, $85,000 in short-term investments, $126,000 in net current receivables, $62.000 in inventory, $11,000 of prepaid insurance and $10,000 of supplies. The total current liabilities of the firm are $299,000. The quick rato of the compeny ls: (Round your final answer to two decimal places.) OA. 1.08. O B. 081. OC. 0.38. O D. 1.01

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