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    Convex Industries Has Inventories of $200 Million,current Assets of $1
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Convex Industries Has Inventories of $200 Million,current Assets of $1

Question 60

Question 60

Multiple Choice

Convex Industries has inventories of $200 million,current assets of $1.4 billion,and current liabilities of $530 million.What is its quick ratio?


A) 0.38
B) 0.44
C) 2.12
D) 2.26

Correct Answer:

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