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The most recent data from the annual balance sheets of Pellegrini Southern Corporation and Jing...

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Finance

The most recent data from the annual balance sheets of Pellegrini Southern Corporation and Jing Foodstuffs Corporation are as follows:

Balance Sheet December 31st31st (Millions of dollars)

Jing Foodstuffs Corporation Pellegrini Southern Corporation Jing Foodstuffs Corporation Pellegrini Southern Corporation
Assets Liabilities
Current assets Current liabilities
Cash $574 $369 Accounts payable $0 $0
Accounts receivable 210 135 Accruals 127 0
Inventories 616 396 Notes payable 717 675
Total current assets $1,400 $900 Total current liabilities $844 $675
Net fixed assets Long-term bonds 1,031 825
Net plant and equipment 1,100 1,100 Total debt $1,875 $1,500
Common equity
Common stock $406 $325
Retained earnings 219 175
Total common equity $625 $500
Total assets $2,500 $2,000 Total liabilities and equity $2,500 $2,000

Pellegrini Southern Corporations current ratio is , and its quick ratio is ; Jing Foodstuffs Corporations current ratio is , and its quick ratio is . Note: Round your values to four decimal places.

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