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Bac Corp has $10,550 in cash, $14,500 in inventory, and $22,500 in accounts receivables. It currently holds $8000 in credit and $12,000 in accruals while
Bac Corp has $10,550 in cash, $14,500 in inventory, and $22,500 in accounts receivables. It currently holds $8000 in credit and $12,000 in accruals while also holding $5,500 in short-term notes outstanding. What is the companies quick ratio?
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