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Cotuit Company has a current ratio of 3.4 and an acid-test ratio of 2.6. The...

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Accounting

Cotuit Company has a current ratio of 3.4 and an acid-test ratio of 2.6. The company's current assets consist of cash, marketable securities, accounts receivable, and inventories. Inventory equals $50,000. Cotuit Company's current liabilities must be:

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