Question: Bronco Electronics' current assets consist of cash, short - term investments, accounts receivable, and inventory. The following data were abstracted from a recent financial statement:

Bronco Electronics' current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a recent financial statement:
Inventory $ 150,000
Total assets $ 1,400,000
Current ratio 3
Acid-test ratio 2.25
Debt to equity ratio 1.5

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