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Could you solve clearly? Thanks a lot!! er 31, 2010, balance 16. The following asset and liability accounts are shown on Mason Store's December 31,

image text in transcribedCould you solve clearly? Thanks a lot!!

er 31, 2010, balance 16. The following asset and liability accounts are shown on Mason Store's December 31, 2010 sheet: $ 80,000 Accounts Receivable 30,000 Current Portion of Long-Term Debt Cash 35,000 6,000 Accounts Payable Allowance for Uncollectible Accounts 3,000 Equipment 28,000 Accumulated Depreciation - Equipment 6,000 Intangible Assets 20,000 Unearned Rent 10,000 Inventory 19,000 Bonds Payable (Long-Term) 20,000 What is Mason's quick ratio at December 31, 2010? 1.70 2.00 2.43 2.50 6.90

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