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    Fundamental Accounting Principles Study Set 7
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    Exam 7: Internal Control and Cash
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    Z-Mart's Current Assets Were $17,980
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Z-Mart's Current Assets Were $17,980

Question 139

Question 139

Multiple Choice

Z-Mart's current assets were $17,980. Its quick assets were $11,420. Its current liabilities were $12,190. Its quick ratio is:


A) 1.48.
B) 1.57.
C) 2.40.
D) .94.
E) 1.07.

Correct Answer:

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