Multiple Choice
Kaplan has a current ratio of 2.5 to 1 and current liabilities of $12 000. If Kaplan has $9000 of inventory what is the quick ratio?
A) 2.25 to 1
B) 2.00 to 1
C) 1.75 to 1
D) 1.50 to 1
Correct Answer:
Verified
Correct Answer:
Verified
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