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The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable Inventory Accounts payable Round your answers to two decimal places.

The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable Inventory Accounts payable Round your answers to two decimal places. a. Determine the current ratio. $221,100 99,400 262,000 222,300 278,500 b. Determine the quick ratio

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