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A firm's long term assets = $20,000, total assets = $220,000, inventory = $18,000 and current liabilities = $40,000. (Round your answers to 1 decimal

A firm's long term assets = $20,000, total assets = $220,000, inventory = $18,000 and current liabilities = $40,000. (Round your answers to 1 decimal place.) What is current ratio and quick ratio?

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