Question
Calculate the quick ratio given: Current Assets: $50,000 Inventory: $20,000 Current Liabilities: $30,000 Requirements : Calculate the quick ratio excluding inventory from current assets.
Calculate the quick ratio given:
Current Assets: $50,000
Inventory: $20,000
Current Liabilities: $30,000
Requirements: Calculate the quick ratio excluding inventory from current assets.
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Survey of Accounting
Authors: Carl S. Warren
8th edition
1305961889, 978-1337517386, 1337517380, 978-1305961883
