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    Exam 8: Analysis and Interpretation of Financial Statements
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    Greenacres Ltd Has a Quick Ratio of 1
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Greenacres Ltd Has a Quick Ratio of 1

Question 58

Question 58

Multiple Choice

Greenacres Ltd has a quick ratio of 1.5:1 with total current liabilities of $50 000.If Greenacres Ltd has inventory of $25 000,the total current assets is:


A) $25 000
B) $75 000
C) $100 000
D) $50 000

Correct Answer:

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