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Xerox company's total current assets, total current liabilities and inventory for each of the past 3 years follow: a. Calculate the firm's current and quick

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Xerox company's total current assets, total current liabilities and inventory for each of the past 3 years follow: a. Calculate the firm's current and quick ratios for each year. Compare the resulting time series for these measures of liquidity. b. Comment on firm's liquidity over 20192021 period. 22. Xerox Enterprises had $100.000 sales in March and forecast $150.000 sales in Aprit, $170000. sales in May and $210.000 sales in June. Assuming that sales are the conly sounce of eash inflown and that half of them are for cash and the remainder are collected evenly over the followiag two months, calculate the firm's expected cash receipss for April, May and June

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