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Sandhill Electronics has a quick ratio of 1.45, current liabilities of $5,330,000, and inventories of $6,727,900. What is the firm's current ratio? (Round answer to

Sandhill Electronics has a quick ratio of 1.45, current liabilities of $5,330,000, and inventories of $6,727,900. What is the firm's current ratio?(Round answer to 2 decimal places, e.g. 12.25.)

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