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Monika's Gift Barn Has Cash of $316, Accounts Receivable of $687

Question 247

Multiple Choice

Monika's Gift Barn has cash of $316, accounts receivable of $687, accounts payable of $709, and inventory of $2,108. What is the value of the quick ratio?


A) .23
B) .45
C) .71
D) 1.41
E) 4.38

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