The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable (net) Inventory Accounts payable The current ratio is 1.8 1.0 O 12 20 $110,000 40,000 30,000 120,000 150,000 A company reports the following: Sales revenue Average accounts receivable (net) The accounts receivable turnover ratio is $94,500 27,000 3.5 3.65 O not possible to determine from given information 29