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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 =$260,000; accounts recelvable

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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 =$260,000; accounts recelvable =$1,400,000; inventory =$2,300,000; accrued wages and taxes =$600,000; accounts payable =$900,000; and notes payable =$800,000. Calculate SophieLex's current ratio, quick ratio, and cash ratio. Note: Round your answers to 2 decimal places

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