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Compute the quick ratio using the following information. (Round to two decimal places.) Cash $50,000 Accounts receivable $130,000 Inventories $210,000 Prepaid assets $15,000 Total current
Compute the quick ratio using the following information. (Round to two decimal places.)
| Cash | $50,000 |
| Accounts receivable | $130,000 |
| Inventories | $210,000 |
| Prepaid assets | $15,000 |
| Total current assets | $405,000 |
| Current liabilities | $160,000 |
a.2.62
b.3.25
c.1.13
d.2.50
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Statistical Analysis Microsoft Excel 2013
Authors: Conrad Carlberg
1st Edition
0789753111, 9780789753113
