Question: Current Position Analysis The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable (net) Inventory Accounts payable Determine (a) the

Current Position Analysis The following items are reported on a company's

Current Position Analysis The following items are reported on a company's balance sheet: Cash Marketable securities Accounts receivable (net) Inventory Accounts payable Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place a. Current ratio b. Quick ratio $270,300 211,200 46,500 316,800 528,000

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