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Financial Statement Analysis for Working Capital Management : A company has current assets of $200,000 and current liabilities of $150,000. If the company's current ratio

Financial Statement Analysis for Working Capital Management: A company has current assets of $200,000 and current liabilities of $150,000. If the company's current ratio is 1.5, calculate the company's quick ratio and interpret the results in terms of the company's liquidity position. Discuss the importance of working capital management in ensuring the company's short-term financial stability and operational efficiency.

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