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The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable Inventory Accounts payable Round your answers to two decimal places.

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The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable Inventory Accounts payable Round your answers to two decimal places. a. Determine the current ratio. $272,800 106,000 225,600 194,400 315,900 b. Determine the quick ratio

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