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Compute Quick Ratio: Requirements: - Given a balance sheet with the following figures for quick assets and current liabilities: Quick Assets: $450,000 Current Liabilities: $250,000

·Compute Quick Ratio: Requirements: - Given a balance sheet with the following figures for quick assets and current liabilities:

Quick Assets: $450,000
Current Liabilities: $250,000 - Calculate the quick ratio. - Express the quick ratio as a numerical value. - Provide the calculated quick ratio. -

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