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A firm's long term assets =$50,000, total assets =$120,000, inventory =$32,000 and current liabilities =$10,000. (Round your answers to 1 decimal place.) Multiple Choice current

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A firm's long term assets =$50,000, total assets =$120,000, inventory =$32,000 and current liabilities =$10,000. (Round your answers to 1 decimal place.) Multiple Choice current ratio =12.0; quick ratio =8.8 current ratio =9.5; quick ratio =6.3 current ratio =7.0; quick ratio =3.8 current ratio =17.0; quick ratio =13.8

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