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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 = $ 3
You are evaluating the balance sheet for SophieLex's Corporation. From the balance sheet you find the following balances: cash and marketable securities $; accounts receivable $; inventory $; accrued wages and taxes $; accounts payable $; and notes payable $
Calculate SophieLex's current ratio, quick ratio, and cash ratio.
Note: Round your answers to decimal places.
Answer is complete but not entirely correct.
tabletableCurrentratiotimesQuick ratio,timesCash ratio,times
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