Question: . What is the current ratio for the following data? Cash - $134,000; marketable securities - $16,000; accounts and notes receivable, net - $26,000; merchandise

. What is the current ratio for the following data? Cash - $134,000; marketable securities - $16,000; accounts and notes receivable, net - $26,000; merchandise inventory - $161,000; prepaid expenses - $3,000; accounts and notes payable, short term - $16,000; accrued liabilities - $12,000; Debtors- $5000; Trademark- $90,000. Is the ratio favourable

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