Business, 31.03.2020 02:41 christiannpettyy

The following items are reported on a company's balance sheet: Cash $400,000 Marketable securities 50,000 Accounts receivable 150,000 Inventory 200,000 Accounts payable 250,000 Determine the (a) current ratio, and (b) quick ratio. Round your answers to one decimal place.

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The following items are reported on a company's balance sheet: Cash $400,000 Marketable securities 5...