Cotuit company has a current ratio of 40 and an acid-test

Reference no: EM13592847

Cotuit Company has a current ratio of 4.0 and an acid-test ratio of 3.1. The company's current assets consist of cash, marketable securities, accounts receivable, and inventory. The company's inventory is $36,000. Cotuit Company's current liabilities must be?

Reference no: EM13592847

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