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The following items are reported on a company's balance sheet: $283,300 Cash 103,400 Marketable securities 236,900 Accounts receivable 178,900 Inventory 300,600 Accounts payable Determine the

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The following items are reported on a company's balance sheet: $283,300 Cash 103,400 Marketable securities 236,900 Accounts receivable 178,900 Inventory 300,600 Accounts payable 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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