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FinServe has the following financial data: Current Assets: $45 million Current Liabilities: $29 million Inventory: $2 million Long-term Debt: $35 million Calculate the company's current

  1. FinServe has the following financial data:
  • Current Assets: $45 million
  • Current Liabilities: $29 million
  • Inventory: $2 million
  • Long-term Debt: $35 million

Calculate the company's current ratio and quick ratio.

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