Cash The following items are reported on a company's balance sheet: $431,800 Marketable securities 337,400...
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Cash The following items are reported on a company's balance sheet: $431,800 Marketable securities 337,400 Accounts receivable (net) 320,700 Inventory 259,500 Accounts payable 519,000 Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. a. Current ratio b. Quick ratio
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