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You are evaluating the balance sheet for SophieLex's Corporation. From the balance sheet you find the following balances: cash and marketable securities =$430,000; accounts receivable
You are evaluating the balance sheet for SophieLex's Corporation. From the balance sheet you find the following balances: cash and marketable securities =$430,000; accounts receivable =$1,140,000; inventory =$2,040,000; accrued wages and taxes =$470,000; accounts payable =$770,000; and notes payable =$540,000. Calculate SophieLex's current ratio, quick ratio, and cash ratio. Note: Round your answers to 2 decimal places. Current ratio times Quick ratio times Cash ratio times
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