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If a firm has a current ratio of 1.6, a total liabilities of $700,000, and the inventory makes 35% of the firm current assets. The

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If a firm has a current ratio of 1.6, a total liabilities of $700,000, and the inventory makes 35% of the firm current assets. The quick ratio would be? ca. 0.98 b. 0.90 c. 1.04 d. 0.94

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