Find the current ratio and acid-test ratio

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Reference no: EM132171531

Question: Turbo Start has current assets totaling $1.5 million (this includes $500,000 in current inventory) and current liabilities totaling $50,000. Find the current ratio and acid-test ratio. Are the ratios at desirable levels? Explain. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132171531

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