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The following items are reported on a company's balance sheet: Cash $289,000 Marketable securities 97,600 Accounts receivable 251,200 Inventory 211,100 Accounts payable 324,700 Round your

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The following items are reported on a company's balance sheet: Cash $289,000 Marketable securities 97,600 Accounts receivable 251,200 Inventory 211,100 Accounts payable 324,700 Round your answers to two decimal places. a. Determine the current ratio. b. Determine the quick ratio

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