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Acasdasdasd 11. Cash Use the following information as appropriate, to compute Leo Village's quick ratio for its General Fund: Cash-$2,000.000; equivalents $1,220,000: Short-term investments $700,000;

Acasdasdasd

11.

Cash Use the following information as appropriate, to compute Leo Village's quick ratio for its General Fund: Cash-$2,000.000; equivalents $1,220,000: Short-term investments $700,000; Property taxes receivable- $500,000: Inventory- $420,000: Current liabilities- $2,800,000; Operating expenses other than depreciation- $6.000.000: Operating expenses - depreciation $1,000,000 1.1 O 1.5 O 1.2 01.4

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