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Thapter 17 Homework eBook Show Me How Calculator 5 PE 17.01A PE 17.01.ALGO Current Position Analysis The following items are reported on a company's balance

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Thapter 17 Homework eBook Show Me How Calculator 5 PE 17.01A PE 17.01.ALGO Current Position Analysis The following items are reported on a company's balance sheet: Cash $120,000 Marketable securities 40,000 Accounts receivable (net) 50,000 Inventory 90,000 Accounts payable 150,000 Determine (a) the current ratio and (b) the quick ratio. Round your answers to one decimal place. . PE 17.03A PE 17.06A PE 17 09 ALGO EX.17.05. ALGO EX 17.15 ALGO EX 17.06 EXCEL ALGO . a. Current ratio b. Quick ratio EX 17 07 EXCEL ALGO EX17 09 EXCEL ALGO

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