Question: Current and Quick Ratios Ace Industnes has cuirent assets equal to $9 million. The company's current ratio is 2.5 , and its quick ratio is

 Current and Quick Ratios Ace Industnes has cuirent assets equal to

Current and Quick Ratios Ace Industnes has cuirent assets equal to $9 million. The company's current ratio is 2.5 , and its quick ratio is 2.1 . What is the firri's level of curtent labilities? What is the firm's level of inventories? Do not round internediate calculotions. Round your answers to the nearest dollar. Current labilities: 5 . Inventones: $

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