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Jessica's Boutique Has Cash of $218,accounts Receivable of $457,accounts Payable

Question 61

Multiple Choice

Jessica's Boutique has cash of $218,accounts receivable of $457,accounts payable of $398,and inventory of $647.What is the value of the quick ratio?

A) .55
B) 1.05
C) 1.70
D) 1.32
E) 1.52

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