eBook Show Me How Print Item Current Position Analysis The following items are reported on a company's balance sheet: Cash $440,600 344,300 Marketable securities 286,100 Accounts receivable (net) Inventory 306,000 Accounts payable 510,000 Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. a. Current ratio 37 x b. Quick ratio 47 X Feedback Check My Work a. Divide current assets by current liabilities. b. Divide quick assets by current liabilities. Quick assets are cash, temporary investments, and receivables. Learning Objective 3. Check My Work Previous Next All work saved. Save and Exit Submit Assignment for Grading