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Based on the following data, what is the quick ratio, rounded to one decimal point? Accounts payable $30,000 Accounts receivable 60,000 Accrued liabilities 4,000 Cash
Based on the following data, what is the quick ratio, rounded to one decimal point?
| Accounts payable | $30,000 |
| Accounts receivable | 60,000 |
| Accrued liabilities | 4,000 |
| Cash | 60,000 |
| Intangible assets | 50,000 |
| Inventory | 69,000 |
| Long-term investments | 80,000 |
| Long-term liabilities | 100,000 |
| Marketable securities | 50,000 |
| Fixed assets | 670,000 |
| Prepaid expenses | 1,000 |
a.1.3
b.6.5
c.7.1
d.5.0
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