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Use the following data to answer questions (6,7) Sales = 2,000,000 Gross Margin = 880,000 Inventory Turnover = 3.5 Current Ratio = 22 Current Assets

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Use the following data to answer questions (6,7) Sales = 2,000,000 Gross Margin = 880,000 Inventory Turnover = 3.5 Current Ratio = 22 Current Assets = 1,760,000 6. Quick ratio (acid-test ratio ) equals: * (2 Points) 02.0 21 1.8 1.9

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