Question: Given the following information, compute the current and quick ratios: Cash Accounts receivable Inventory Current liabilities Long-term debt Equity $ 100,000 317.000 469,000 546,000 647,000

Given the following information, compute the current and quick ratios: Cash Accounts receivable Inventory Current liabilities Long-term debt Equity $ 100,000 317.000 469,000 546,000 647,000 626,000 Round your answers to two decimal places. Current ratio: 21 Quick ratio: 31
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