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ces You are evaluating the balance sheet for SophieLex's Corporation. From the balance sheet you find the following balances: cash and marketable securities $310,000; accounts
ces You are evaluating the balance sheet for SophieLex's Corporation. From the balance sheet you find the following balances: cash and marketable securities $310,000; accounts receivable = $1.340,000, Inventory = $2.240.000; accrued wages and taxes = $570,000; accounts payable = $870,000, and notes payable - $740,000. Calculate Sophietex's current ratio. (Round your answer to 2 decimal places.) Current ratio times Calculate SophieLex's quick ratio. (Round your answer to 2 decimal places.) Quick ratio times Calculate SophieLex's cash ratio. (Round your answer to 2 decimal places.) Cash ratio
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