Multiple Choice
A company has $8,000 in cash,$9,250 in accounts receivable,and $19,500 in inventory.If current liabilities are $14,350,then the quick ratio would be
A) 5.0 to 1.
B) 2.6 to 1.
C) 2.0 to 1.
D) 1.2 to 1.
Correct Answer:
Verified
Correct Answer:
Verified
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