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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 =$380,000; accounts receivable =$1,240,000; inventory = $2,140,000; accrued wages and taxes =$520,000; accounts payable = $820,000; and notes payable =$640,000.
Calculate SophieLex's current ratio, quick ratio, and cash ratio.
Note: Round your answers to 2 decimal places.
Answer is complete but not entirely correct.
\table[[\table[[Current],[ratio]],1.76ox,times],[Quick ratio,0.74ox,times],[Cash ratio,0.13ox,times]]
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