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The following items are reported on a company's balance sheet: Cash $557,800 Marketable securities 435,800 Accounts receivable (net) 458,900 Inventory 290,500 Accounts payable 581,000 Determine

The following items are reported on a company's balance sheet: Cash $557,800 Marketable securities 435,800 Accounts receivable (net) 458,900 Inventory 290,500 Accounts payable 581,000 Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. a. Current ratio fill in the blank 1 b. Quick ratio fill in the blank 2

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