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A. Tasty Dee-Lite has current liabilities of $6,630, net working capital of $2,180, inventory of $2,750, and sales of $36,800. What is the quick ratio?
A. Tasty Dee-Lite has current liabilities of $6,630, net working capital of $2,180, inventory of $2,750, and sales of $36,800. What is the quick ratio?
Group of answer choices
0.26
1.32
1.09
0.91
0.59
B. Galaxy Sales has sales of $756,700, cost of goods sold of $503,200, and inventory of $34,300. How long on average does it take the firm to sell its inventory?
Group of answer choices
14.67 days
22.06 days
16.54 days
24.88 days
9.94 days
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