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J.J. Corporations current assets are $6 million and its current liabilities are $2 million. Assume in addition that the company has $1 million in cash

J.J. Corporations current assets are $6 million and its current liabilities are $2 million. Assume in addition that the company has $1 million in cash and marketable securities, $1.2 million in accounts receivable, and no short-term notes receivable. What is the companys acid-test ratio

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