Solved

Duke's Garage Has Cash of $68, Accounts Receivable of $142

Question 80

Multiple Choice

Duke's Garage has cash of $68, accounts receivable of $142, accounts payable of $235, and inventory of $318. What is the value of the quick ratio?

A) 2.25
B) 0.53
C) 0.71
D) 0.89
E) 1.35

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