Multiple Choice
Zidane Enterprises has a current ratio of 1.92, current liabilities of $272,934, and inventory of $197,333. What is the firm's quick ratio? Round your final answer to two decimal places.
A) 0.72
B) 1.20
C) 1.92
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q8: The higher the times-interest-earned ratio, the greater
Q9: Which one of the following statements about
Q10: Peer group analysis can be performed by:<br>A)
Q11: Viera Industries has net sales of $200,000,
Q12: Covent Gardens Inc. is considering two financial
Q14: The DuPont equation shows that a firm's
Q15: A company can improve its liquidity by
Q16: Sectors, Inc., has EBIT of $7,221,643 and
Q17: Which one of the following statements is
Q18: Which one of the following statements is