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Russell's Deli Has Cash of $136,accounts Receivable of $95,accounts Payable

Question 41

Multiple Choice

Russell's Deli has cash of $136,accounts receivable of $95,accounts payable of $210,and inventory of $409.What is the value of the quick ratio?

A) 0.31
B) 0.53
C) 0.71
D) 1.10
E) 1.07

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