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The Seabury Corporation has a current ratio of 3.5 and an acid-test ratio of 2.8. The corporation's ...

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The Seabury Corporation has a current ratio of 3.5 and an acid-test ratio of 2.8. The corporation's ...

The Seabury Corporation has a current ratio of 3.5 and an acid-test ratio of 2.8. The corporation's current assets consist of cash, marketable securities, accounts receivable, and inventories. Inventory equals $49,000. Seabury Corporation's current liabilities must be:(Round your intermediate calculations to 1 decimal place.)

▸ $70,000

▸ $100,000

▸ $49,000

▸ $125,000

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Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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