Question: Super Savers Department Store reported a quick ratio of 0.6. A review of its balance sheet revealed the following information: Quick assets ..... $120,000 Current

Super Savers Department Store reported a quick ratio of 0.6. A review of its balance sheet revealed the following information:
Quick assets ..... $120,000
Current assets .... 750,000
Noncurrent assets .... 450,000
Noncurrent liabilities .. 300,000
Determine the amount of current liabilities reported in the balance sheet.

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