EDUK SHOW WIE UW walcula Current Position Analysis The following items are reported on a company's balance sheet: Cash $338,600 Marketable securities 264,500 Accounts receivable (net) 316,900 Inventory 138,000 Accounts payable 460,000 Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. a. Current ratio b. Quick ratio Accounts Receivable Analysis A company reports the following: Sales $776,720 Average accounts receivable 27,740 (net) Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year. a. Accounts receivable turnover b. Number of days' sales in receivables O days