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The following is selected simplified information from Organic Catering s balance Sheet as at December 3 1 , 2 0 2 3 and December 3
The following is selected simplified information from Organic Caterings balance Sheet as at December and December Round the final answer to two decimal places.
Numbers in thousands
Cash $ $
Accounts receivable
Notes receivable current
Inventories
Prepaid expenses and other current assets
Current liabilities
Total liabilities
Shareholders equity
Source: Organic Catering Annual Report.
Calculate the current ratio and quick ratio.
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