Question
A company has the following financial statement information (in millions); Cash = $126 Accounts Receivable = $293 Inventory = $335 Accounts Payable and Accruals =
A company has the following financial statement information (in millions);
Cash = $126
Accounts Receivable = $293
Inventory = $335
Accounts Payable and Accruals = $470
What is the firm's Quick Ratio? State your answer to 2 decimal places.
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
