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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 companys quick ratio is
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Financial Accounting Information For Decisions
Authors: John J Wild
3rd Edition
0072974729, 978-0072974720
