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SolarTech Solutions reports the following financial information for the fiscal year ending December 31, 20X8: Current Assets: $150 million Current Liabilities: $50 million Cash: $30
SolarTech Solutions reports the following financial information for the fiscal year ending December 31, 20X8:
- Current Assets: $150 million
- Current Liabilities: $50 million
- Cash: $30 million
- Accounts Receivable: $70 million
- Inventory: $25 million
- Short-term Investments: $15 million
- Current Debt: $40 million
- Marketable Securities: $35 million
Calculate the liquidity ratios for SolarTech Solutions and provide an analysis of the company's ability to meet its short-term obligations.
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