Multiple Choice
Calculate the quick ratio from the following information of a manufacturing firm. Cash in hand = $200,000
Cash at bank = $100,000
Inventories = $100,000.
Current Liabilities = $100,000
A) 2:1
B) 1:2
C) 3:1
D) 4:1
E) 2:2
Correct Answer:
Verified
Correct Answer:
Verified
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