Question: Agnes Company reported the following data: Quick assets Current assets Total liabilities Average net receivables Beginning inventory Long-term liabilities Net credit sales Cost of goods

Agnes Company reported the following data: Quick assets Current assets Total

Agnes Company reported the following data: Quick assets Current assets Total liabilities Average net receivables Beginning inventory Long-term liabilities Net credit sales Cost of goods sold Ending inventory $46,000 141,000 291,000 14,500 29,000 191,000 117,000 75,000 37,000 What was the current ratio

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