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A firm has current liabilities of $200,000. An analyst reports that the firm has a current ratio of 1.50, and the quick ratio is 0.60.
A firm has current liabilities of $200,000. An analyst reports that the firm has a current ratio of 1.50, and the quick ratio is 0.60. Given this information, what is the current value of the firm's inventory?
Question 1 options:
$150,000
$200,000
$140,000
$220,000
$180,000
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