Question: eBook Show Me How Current Position Analysis The following items are reported on a company's balance sheet: Cash $464,100 Marketable 362,600 securities Accounts receivable 468,300

 eBook Show Me How Current Position Analysis The following items are

eBook Show Me How Current Position Analysis The following items are reported on a company's balance sheet: Cash $464,100 Marketable 362,600 securities Accounts receivable 468,300 (net) Inventory 155,400 Accounts 518,000 payable Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. a. Current ratio b. Quick ratio Feedback Check My Work

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