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A company has $25,000 in cash and cash equivalents, $85,000 in short-term investments, $126,000 in net current receivables, $62,000 in inventory, $16,000 of prepaid insurance
A company has $25,000 in cash and cash equivalents, $85,000 in short-term investments, $126,000 in net current receivables, $62,000 in inventory, $16,000 of prepaid insurance and $7,000 of supplies. The total current liabilities of the firm are $307,000. The quick ratio of the company is: (Round your final answer to two decimal places.) C. O A. 0.77 OB. 1.05 OC. 0.36. OD. 0.97
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