eBook Current Position Analysis The following items are reported on a company's balance sheet: $593,200 Marketable securities 463,500 Accounts receivable (net) 617,700 Inventory 179,400 Accounts payable 598,000 Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. Cash a. Current ratio Show Me How b. Quick ratio

Current Position Analysis The following items are reported on a company's balance sheet: Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. a. Current ratio b. Quick ratio