Multiple Choice
You are analyzing a company that has cash of $11,200,accounts receivable of $27,800,fixed assets of $124,600,accounts payable of $31,300,and inventory of $56,900.What is the quick ratio?
A) 0.30
B) 0.67
C) 0.80
D) 1.25
E) 1.37
Correct Answer:
Verified
Correct Answer:
Verified
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