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Need this done asap. Please help. Thanks. Current Position Analysis The following items...

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Accounting

Need this done asap. Please help. Thanks.

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Current Position Analysis The following items are reported on a company's balance sheet: Cash $203,300 Marketable securities 158,800 Accounts receivable (net) 114,300 Inventory 158,800 Accounts payable 397,000 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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