Multiple Choice
A company has $200 in cash, $500 in accounts receivable, and $700 in inventory. If current liabilities are $400, then the quick ratio would be
A) 2.25 to 1
B) 1.75 to 1
C) 3.50 to 1
D) 3.00 to 1
Correct Answer:
Verified
Correct Answer:
Verified
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