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please solve and show equations on excel Question 1 0/1 poir Company XYZ's has $5.20m in cash, $10.87m in account receivable, $21.63m in inventories. The

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Question 1 0/1 poir Company XYZ's has $5.20m in cash, $10.87m in account receivable, $21.63m in inventories. The company also has 9.58m in short-term loans, $10.83m in accounts payable and 9.02m in accruals and miscellaneous short-term liabilities. What's the company's current ratio? Note: use decimal to express the ratio, i.e. input 0.50 instead of 50.00%. Answer: x (1.28) Question 2 0/1 point Company XYZ's has $6.60m in cash, $10.06m in account receivable, $24.57m in inventories. The company also has 9.12m in short-term loans, $14.07m in accounts payable and 8.88m in accruals and miscellaneous short-term liabilities. What's the company's quick ratio? Note: use decimal to express the ratio, i.e. input 0.50 instead of 50.00%. Answer: x (0.52)

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