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Robert is a manager of a small-scale firm. He needs to decide whether the firm has sufficient resources to meet its short-term obligations. Calculate the ratio that Robert needs to calculate from the information given below.
Cash and cash equivalents
$1,057,600
Accounts receivables
1,556,500
Short-term investments
770,300
Other current assets
420,500
Accounts payable
995,700
Long-term debt
528,000
Short-term debt
176,000
Other current liabilities
2,495,700
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