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Calcurator The following items are reported on a company's balance sheet: Cash $242,200 Marketable securities 82,200 Accounts receivable 234,700 Inventory 197,700 Accounts payable 304,900 Determine

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Calcurator The following items are reported on a company's balance sheet: Cash $242,200 Marketable securities 82,200 Accounts receivable 234,700 Inventory 197,700 Accounts payable 304,900 Determine the (a) current ratio, and (b) quick ratio. Round your answers to one decimal place. a. Current ratio b. Quick ratio

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