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    Financial Accounting
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    Exam 6: The Current Asset Classification, Cash, and Accounts Receivable
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    What Would the Quick Ratio Be If Ryan Sold All
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What Would the Quick Ratio Be If Ryan Sold All

Question 48

Question 48

Essay

What would the quick ratio be if Ryan sold all of its inventory for $5,000 cash?

Correct Answer:

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Before: ($1,700 + $2,830)/$6,3...

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