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A company has the following information. What is the quick ratio? Accounts payable Total current liabilities Prepaid expenses Cash and marketable securities Total current assets

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A company has the following information. What is the quick ratio? Accounts payable Total current liabilities Prepaid expenses Cash and marketable securities Total current assets 637,000 Inventory 332,000 $167,500 214,000 18,400 93,500 3.80 1.71 1.34 1.82

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