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The current asset section of Stibbe Pharmaceutical Company's balance sheet included cash of $20,000 and accounts receivable of $40,000. The only other current asset is

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The current asset section of Stibbe Pharmaceutical Company's balance sheet included cash of $20,000 and accounts receivable of $40,000. The only other current asset is inventory. The company's current ratio is 2.0 and its acid-test ratio is 1.5 . Determine the ending balance in inventory and total current liabilities

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