Multiple Choice
Quicksilver Co. has cash of $35,000; net Accounts Receivable of $43,000; short-term investments of $23,000 and inventory of $30,000. It also has $28,000 in current liabilities and $54,000 in long-term liabilities. The current ratio for Quicksilver is:
A) 4.68.
B) 3.61.
C) 1.93.
D) 1.30.
Correct Answer:
Verified
Correct Answer:
Verified
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