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Current and Quick Ratios Assignment

Author:
February 19th, 2020

Given the following information, compute the current and quick ratios:

Cash $ 120,000
Accounts receivable 379,000
Inventory 493,000
Current liabilities 450,000
Long-term debt 631,000
Equity 626,000

Round your answers to two decimal places.

Current ratio: :1

Quick ratio: :1. Get Finance homework help today

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