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A firm's long term assets =$20,000, total assets =$110,000, inventory =$15,000 and current liabilities =$40,000. (Round your answers to 1 decimal place.) Multiple Choice current

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A firm's long term assets =$20,000, total assets =$110,000, inventory =$15,000 and current liabilities =$40,000. (Round your answers to 1 decimal place.) Multiple Choice current ratio =4.8; quick ratio =4.4 current ratio =2.2; quick ratio =1.9 current ratio =12.2; quick ratio =11.9 current ratio =7.2; quick ratio =6.9

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