# The following items are reported on a company's balance sheet: Cash $287,100 Marketable securities 102,900 Accounts... ###### Question: The following items are reported on a company's balance sheet:  Cash$287,100 Marketable securities 102,900 Accounts receivable 274,600 Inventory 205,900 Accounts payable 278,200

a. Determine the current ratio.

b. Determine the quick ratio.

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