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Based on the following data for Privett Company, what is the quick ratio, rounded to one decimal point? Privett Company Accounts payable $32,974 Accounts receivable
Based on the following data for Privett Company, what is the quick ratio, rounded to one decimal point? Privett Company Accounts payable $32,974 Accounts receivable 66,945 Accrued liabilities 6,765 Cash 20,342 Intangible assets 41,281 Inventory 71,183 Long-term investments 108,643 Long-term liabilities 70,747 Marketable securities 37,577 Notes payable (short-term) 28,460 Property, plant, and equipment 643,301 Prepaid expenses 2,347 Select the correct answer. 1.8 0.8 14.5 2.9
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