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The following items are reported on a company's balance sheet: Cash $254,700 Marketable securities 96,700 Accounts receivable 245,900 Inventory 189,500 Accounts payable 283,400 Round your

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The following items are reported on a company's balance sheet: Cash $254,700 Marketable securities 96,700 Accounts receivable 245,900 Inventory 189,500 Accounts payable 283,400 Round your answers to two decimal places. a. Determine the current ratio. b. Determine the quick ratio

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