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Superb Banners reported the following figures in its financial statements: Cash Cash Equivalents Total Current Liabilities 24,750 35,000 Compute the cash ratio for Superb Banners.

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Superb Banners reported the following figures in its financial statements: Cash Cash Equivalents Total Current Liabilities 24,750 35,000 Compute the cash ratio for Superb Banners. Determine the formula, then calculate the cash ratio. (Enter the cash ratio to two decimal places, X.xX.) Cash ratio

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