Question: please help!! Current Position Analysis The following items are reported on a company's balance sheet: Cash $279,700 218,500 Marketable securities Accounts receivable (net) 244,700 Inventory

please help!!

Current Position Analysis The following items are reported on a company's balance sheet: Cash $279,700 218,500 Marketable securities Accounts receivable (net) 244,700 Inventory 131,100 437,000 Accounts payable Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. a. Current ratio b. Quick ratio

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