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A company has cash of $800, current liabilities of $500, and long-term liabilities of $600. If the cash ratio is 2.5, then how much must

  1. A company has cash of $800, current liabilities of $500, and long-term liabilities of $600. If the cash ratio is 2.5, then how much must marketable securities be?

    a.

    4450

    b.

    $700

    c.

    $800

    d.

    $2,000

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