Question
Based on the following data for Privett Company, what is the quick ratio, rounded to one decimal point? Privett Company Accounts payable Accounts receivable
Based on the following data for Privett Company, what is the quick ratio, rounded to one decimal point? Privett Company Accounts payable Accounts receivable Accrued liabilities Cash Intangible assets Inventory Long-term investments Long-term liabilities Marketable securities Notes payable (short-term) Property, plant, and equipment Prepaid expenses $33,459 68,329 6,531 24,533 44,931 84,580 116,617 77,126 35,238 26,067 663,783 1,859
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
324422870, 324422873, 978-0324302691
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