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TechCorp has the following financial data: Current Assets: $14 million Current Liabilities: $28 million Inventory: $11 million Long-term Debt: $16 million Calculate the company's current

  1. TechCorp has the following financial data:
  • Current Assets: $14 million
  • Current Liabilities: $28 million
  • Inventory: $11 million
  • Long-term Debt: $16 million

Calculate the company's current ratio and quick ratio.

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