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QUESTION 25: The current ratio is 3.6 times, and the quick ratio is 2.4 times. If the current liabilities total $590,000 then determine the value
QUESTION 25: The current ratio is 3.6 times, and the quick ratio is 2.4 times. If the current liabilities total $590,000 then determine the value of the firm's inventory.
$569,000 | ||
$708,000 | ||
$495,000 | ||
$299,000 | ||
none of these |
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