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The following items are reported on a company's balance sheet: Cash Marketable securities $259,200 Accounts receivable 94,300 Inventory 238,700 Accounts payable 209,900 287,700 Determine the

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The following items are reported on a company's balance sheet: Cash Marketable securities $259,200 Accounts receivable 94,300 Inventory 238,700 Accounts payable 209,900 287,700 Determine the (a) current ratio, and (b) quick ratio. Round your answers to one decimal place. a. Current ratio b. Quick ratio

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