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Central BBQ operates membership warehouses that offer a selection of prime meats and sides to its employees. in November 2013 the company operated 592 warehouses

Central BBQ operates membership warehouses that offer a selection of prime meats and sides to its employees. in November 2013 the company operated 592 warehouses including 429 in the United States and Guam, 82 in Italy, 32 in Argentina, 22 in Europe, 9 in Australia, 3 in China. Assume the following Data which relates to Central BBQs Financial Statements

a. Current Ratio of 1.2

b. Quick Ratio of .8

c. Current Liabilities of $500,000

Compute the Inventory for Costco Wholesale

Discuss why the Quick Ratio is regarded by many as a more important ratio when compared to the current ratio

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