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Math Tools Inc. has a current ratio equal to 2, a quick ratio equal to 1.2, and total current assets of $1 million. Math Tool's
"Math Tools Inc. has a current ratio equal to 2, a quick ratio equal to 1.2, and total current assets of $1 million. Math Tool's inventory balance is ________."
"a. $800,000" | ||
"b. $1,400,000" | ||
"c. $400,000" | ||
d. not determinable with the information given |
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