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Question 2 6 p A firm has current liabilities of $250,000, a current ratio of 1.8, and quick ratio (or acid test) ratio of 1.2.

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Question 2 6 p A firm has current liabilities of $250,000, a current ratio of 1.8, and quick ratio (or acid test) ratio of 1.2. What is the firm's inventory level? (Express your answer in dollars and cents, and round to the nearest cent.)

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