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Posted on Aug 30, 2024

ABC Company has $ 4 0 0 in cash, $ 1 0 0 0 in accounts receivable, $ 8 0 0 in marketable securities ,

ABC Company has $

400

in cash, $

1000

in accounts receivable, $

800

in marketable securities

,

and $

1, 400

in inventory. It also has $

400

accounts payable and $

400

in unearned revenue. What is the company

s current ratio and quick ratio?

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