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A firm's long-term assets =$50,000, total assets =$320,000, inventory =$35,000 and current liabilities =$60,000. What are the firm's current ratio and quick ratio? Note: Round

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A firm's long-term assets =$50,000, total assets =$320,000, inventory =$35,000 and current liabilities =$60,000. What are the firm's current ratio and quick ratio? Note: Round your answer to 1 decimal place. Multiple Choice Current ratio =95, quick fatio =89 Curent ratio =70, quick tato =6.4 Cintemt tave =14.5 quick tatio =13.9 Cument ratio =45, quick rabo -29

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