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Ace Industries has current assets equal to $6 million. The company's current ratio is 2.5 , and its quick ratio is 2.0 . Do not

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Ace Industries has current assets equal to $6 million. The company's current ratio is 2.5 , and its quick ratio is 2.0 . Do not round intermediate calculations. Round your answers to the nearest dollar. What is the firm's level of current liabilities? $ What is the firm's level of inventories? $

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