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Solve for the amount of firm ABBCs cash given the following data: current ratio = 2.5 quick ratio = 1.2 current liabilities = 12,000 credit

Solve for the amount of firm ABBCs cash given the following data: current ratio = 2.5 quick ratio = 1.2 current liabilities = 12,000 credit sales = 98,000 average collection period = 40 days

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