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Given the following information, compute the current and quick ratios: Cash Accounts receivable Inventory Current liabilities Long-term debt Equity $ 110,000 325,000 453,000 531,000 649,000

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Given the following information, compute the current and quick ratios: Cash Accounts receivable Inventory Current liabilities Long-term debt Equity $ 110,000 325,000 453,000 531,000 649,000 590,000 Round your answers to two decimal places. Current ratio: Quick ratio: :1

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