Question: The following items are reported on a company's balance sheet: Cash $250,300 Marketable securities 84,800 Accounts receivable 232,600 210,000 Inventory Accounts payable 285,600 Determine the

The following items are reported on a company's balance sheet: Cash $250,300 Marketable securities 84,800 Accounts receivable 232,600 210,000 Inventory Accounts payable 285,600 Determine the (a) current ratio, and (b) quick ratio. Round your answers to one decimal place. a. Current ratio b. Quick ratio

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