Question: Current Position Analysis The following items are reported on a company's balance sheet: 452,gOO 577,800 201,300 671,000 Cash $57g,700 Marketable securities Accounts receivable (net)

Current Position Analysis The following items are reported on a company's balance sheet: 452,gOO 577,800 201,300 671,000 Cash $57g,700 Marketable securities Accounts receivable (net) Inventory Accounts payable Determine (a) the current ratio a. Current ratio . Quick ratio and (b) the quick ratio. Round your answers to one decimal place.

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