Question: Current Position Analysis The following items are reported on a company's balance sheet: Cash Marketable securities $181,400 141.800 Accounts receivable (net) $1,800 Inventory Accounts payable

Current Position Analysis The following items are reported on a company's balance sheet: Cash Marketable securities $181,400 141.800 Accounts receivable (net) $1,800 Inventory Accounts payable 162,000 405,000 Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. a. Current ratio b. Quick ratio

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