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Pharoah Electronics has a quick ratio of 1.35, current liabilities of $5,348,000, and inventories of $6,064,200. What is the firm's current ratio? (Round answer to

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Pharoah Electronics has a quick ratio of 1.35, current liabilities of $5,348,000, and inventories of $6,064,200. What is the firm's current ratio? (Round answer to 2 decimal places, e.g. 12.25.) Current ratio

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