Multiple Choice
Kiosk Corp. has current assets of $4.5 million and current liabilities of $3.6 million. The current ratio is 1.25, and the quick ratio is 0.75. How much does Kiosk have invested in inventory (in millions) ?
A) $0.8
B) $1.8
C) $2.4
D) $2.9
E) $3.6
Correct Answer:
Verified
Correct Answer:
Verified
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