Question: The following table shows the balance sheet extract for SQUARE Limited. Current Assets Current Liabilities Cash Accounts payables Short term notes payable Marketable securities

The following table shows the balance sheet extract for SQUARE Limited. Current Assets Current Liabilities Cash Accounts payables Short term notes payable Marketable securities Accounts receivables Inventory $75,000 $60,000 $56,000 $40,000 Calculate the current ratio of the company Calculate the quick ratio of the company $65,000 $80,000

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