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    Business
  3. Study Set
    Using Financial Accounting
  4. Exam
    Exam 9: Current Liabilities, Contingencies, and the Time Value of Money
  5. Question
    A Company Has $200 in Cash,$500 in Accounts Receivable,and $700
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A Company Has $200 in Cash,$500 in Accounts Receivable,and $700

Question 62

Question 62

Multiple Choice

A company has $200 in cash,$500 in accounts receivable,and $700 in inventory.If current liabilities are $400,then the quick ratio would be


A) 1.75 to 1.
B) 2.25 to 1.
C) 3.00 to 1.
D) 3.50 to 1.

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