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need help solving please The following items are reported on a company's balance sheet: Cash $244,100 Marketable securities 109,100 Accounts receivable 248,300 Inventory 206,600 Accounts
need help solving please
The following items are reported on a company's balance sheet: Cash $244,100 Marketable securities 109,100 Accounts receivable 248,300 Inventory 206,600 Accounts payable 280,800 Determine the (a) current ratio, and (b) quick ratio. Round your answers to one decimal place. a. Current ratio b. Quick ratio Step by Step Solution
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