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Calculate the Quick Ratio from the Following Information of a Manufacturing

Question 26

Multiple Choice

Calculate the quick ratio from the following information of a manufacturing firm. Cash in hand = $200,000
Cash at bank = $100,000
Total current assets = $450,000
Accrued expenses = $100,000
Taxes payable = $100,000


A) 3:2
B) 1:2
C) 3:1
D) 4:1
E) 2:2

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