You are evaluating the balance sheet for PattyCake's Corporation. From the balance sheet you find...

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Accounting

You are evaluating the balance sheet for PattyCake's Corporation. From the balance sheet you find the following balances. cash and
arketable securibes =$490,000; accounts receivable =$1,020,000; inventory =$1,920,000, accrued wages and taxes =$410,000.
accourts payable =$710,000; and notes payable =$420,000
Calculate PattyCakes" current ratio. (Round your answer to 2 decimal places.)
Calculate PattyCakes' quick ratio. (Round your onswer to 2 decimal ploces.)
Caculate PattyCakes' cash ratio. (Round your answer to 2 decimal places.)
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