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Cash is $20,000, prepaid expenses are $8,000, net income is $68,000, current liabilities are $52,000, accounts receivable are $20,000, and merchandise inventory is $10,000. Calculate
Cash is $20,000, prepaid expenses are $8,000, net income is $68,000, current liabilities are $52,000, accounts receivable are $20,000, and merchandise inventory is $10,000. Calculate the quick ratio.
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Construction accounting and financial management
Authors: Steven j. Peterson
2nd Edition
135017114, 978-0135017111
