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TSI Incorporated has liquid assets of $ 1 , 2 8 0 , enough to finance its operations for 7 0 days. TSI's average daily

TSI Incorporated has liquid assets of $

1, 280,

enough to finance its operations for

70

days. TSI's average daily expenditures from operations are:ls

3,

quick ratio equals

1.5,

and the firm has $

2, 280

in current assets?

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