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A company has current assets of Cash of $40,000; Accounts Receivable of $80,000; and Inventory of $60,000. The total of its current liabilities is $120,000
- A company has current assets of Cash of $40,000; Accounts Receivable of $80,000; and Inventory of $60,000. The total of its current liabilities is $120,000 and the total amount of its liabilities is $290,000. Given this information, the company’s quick ratio is __________
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Accounting Information Systems Controls And Processes
Authors: Leslie Turner, Andrea B. Weickgenannt
1st Edition
0471479519, 9780471479512
