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Queston 36 2 pts The following items are reported on a company's balance sheet: Cash $230,000 Marketable securities 50,000 Accounts receivable 200,000 Inventory 240,000 Accounts

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Queston 36 2 pts The following items are reported on a company's balance sheet: Cash $230,000 Marketable securities 50,000 Accounts receivable 200,000 Inventory 240,000 Accounts payable 300.000 Determine the (a) current ratio, and (b) quick ratio. Round your answer to one decimal place

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