Question: determine the current ratio in the quick ratio round to one decimal place Current Position Analysis The following items are reported on a company's balance

determine the current ratio in the quick ratio round to one decimal place

Current Position Analysis The following items are reported on a company's balance sheet: Cash $730,800 Marketable securities 570,900 Accounts receivable (net) 566,700 Inventory 415,200 Accounts payable 692,000 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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