Question: eBook Current and Quick Ratios Ace Industries has current assets equal to $ 8 million. The company's current ratio is 2 . 5 , and

eBook
Current and Quick Ratios
Ace Industries has current assets equal to $8 million. The company's current ratio is 2.5, and its quick ratio is 1.9. What is the firm's level of current liabilities? What is
the firm's level of inventories? Do not round intermediate calculations. Round your answers to the nearest dollar.
Current liabilities: $
Inventories: $
eBook Current and Quick Ratios Ace Industries has current assets equal

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