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Compute the current and quick ratios

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Reference no: EM133117956

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

Cash $150,000

Accounts receivable 327,000

Inventory 446,000

Current liabilities 508,000

Long-term debt 628,000

Equity 565,000

Round your answers to two decimal places.

Reference no: EM133117956

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