Question
Division Corp. has $200 in cash, $500 in accounts receivable, and $700 in inventory. Division also has $200 in accounts payable and $200 in unearned
Division Corp. has $200 in cash, $500 in accounts receivable, and $700 in inventory. Division also has $200 in accounts payable and $200 in unearned sales revenue. Divisions quick ratio would be
a.
1.75
b.
2.25
c.
3.00
d.
3.50
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IT Auditing Using A System Perspective Premier Reference Source
Authors: Robert Elliot Davis
1st Edition
1799855481, 978-1799855484
