Question: ( 2 0 points ) A firm's long term assets = $ 7 5 , 0 0 0 , total assets = $ 2 0

(20 points) A firm's long term assets = $75,000, total assets = $200,000, inventory = $25,000 and currentliabilities = $50,000.a. current ratio =0.5; quick ratio =1.5b. current ratio =1.0; quick ratio =2.0c. current ratio =1.5; quick ratio =2.0d. current ratio =2.5; quick ratio =2.0

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