Multiple Choice
You are analyzing a company that has cash of $8,800, accounts receivable of $15,800, fixed assets of $87,600, accounts payable of $40,300, and inventory of $46,900.What is the quick ratio?
A) 1.20
B) .67
C) .83
D) .61
E) 1.64
Correct Answer:
Verified
Correct Answer:
Verified
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