Question
For 2017 your corporation has current assets of $6,120 which includes inventory of $1,885, net fixed assets of $31,720, current liabilities of $4,491, long-term debt
For 2017 your corporation has current assets of $6,120 which includes inventory of $1,885, net fixed assets of $31,720, current liabilities of $4,491, long-term debt of 7,600, and total stockholder's equity of $25,749. What is the quick ratio ratio for 2017? Please show your ratio and calculations in the space provided.
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Basic Finance An Introduction to Financial Institutions, Investments and Management
Authors: Herbert B. Mayo
11th Edition
1285425790, 1285425795, 9781305464988 , 978-1285425795
