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Current Position Analysis The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable (net) 63,400 Inventony Accounts payable Determine (a)

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Current Position Analysis The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable (net) 63,400 Inventony Accounts payable Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. a. Current ratio b. Quick ratio $263,300 205,700 290,400 484,000

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