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The following items are reported on a company's balance sheet:

Cash

$$215,900$

Marketable securities

$91,700$

Accounts receivable

$261,600$

Inventory

$193,700$

Accounts payable

$278,100$

Determine the $($a$)$ current ratio and $($b$)$ quick ratio. Round answers to one decimal place.

a$.$ Current ratio

b$.$ Quick ratio

$$

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