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The current asset section of Stibbe Pharmaceutical Companys balance sheet included cash of $28,000 and accounts receivable of $48,000. The only other current asset is

The current asset section of Stibbe Pharmaceutical Companys balance sheet included cash of $28,000 and accounts receivable of $48,000. The only other current asset is inventory. The companys current ratio is 2.4 and its acid-test ratio is 1.6.

Determine the ending balance in inventory and current liabilities

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