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A company has the following inputs: Current ratio = 3.0 Quick ratio = 1.50 Current liabilities...

A company has the following inputs:

Current ratio = 3.0
Quick ratio = 1.50
Current liabilities = $800,000
Sales = $10 million (100% on credit)
Avg collection period = 36.5 days

Note: the only current assets that the company has on the books include cash, AR, and inventory

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