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  3. cash $45,000, accounts receivable $160,000, invent

cash $45,000, accounts receivable $160,000, inventories $150,000, prepaid expenses $20,000, accounts payable $95,000, and accrued...

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Question

Accounting

cash $45,000, accounts receivable $160,000, inventories $150,000, prepaid expenses $20,000, accounts payable $95,000, and accrued expenses $75,000. Use this information to determine the:

1. Quick Ratio:

2. Current Ratio:

3. Working Capital:

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