Question
At year-end, Urus Company has Cash of $15,500, Accounts Receivable of $52,300, Inventory of $28,700, and Prepaid Expenses totaling $7,200. Total Current Liabilities are $48,800
At year-end, Urus Company has Cash of $15,500, Accounts Receivable of $52,300, Inventory of $28,700, and Prepaid Expenses totaling $7,200. Total Current Liabilities are $48,800 and Total Assets are $195,500.
What is the quick ratio (rounded)? A. 0.32 B. 0.95 C. 1.39 D. 1.98
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People Centric Skills Interpersonal And Communication Skills For Financial Professionals
Authors: Danny M. Goldberg
2nd Edition
1119669308, 978-1119669302
