How much cash and markatable securities does gray computer, Business Economics

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How much cash and markatable securities does gray computer

How much cash and markatable securities does Gray Computer Co. have if the firm has a current ratio of 2.5, a quick ratio of 1.2, and current liabilities of $12,000. Gray's credit sales are $98,000 and its average collection period is 40 days? (Assume 365 days per year).

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Business Economics: How much cash and markatable securities does gray computer

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