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The following items are reported on a company's balance sheet: Cash $249,100 Marketable securities 99,100 Accounts receivable 248,900 218,000 Inventory Accounts payable 325,400 Round your
The following items are reported on a company's balance sheet: Cash $249,100 Marketable securities 99,100 Accounts receivable 248,900 218,000 Inventory Accounts payable 325,400 Round your answers to two decimal places. a. Determine the current ratio. b. Determine the quick ratio
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