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For Questions 19-20 - refer to the information below are selected data from the balance sheet of Compros, a small electronics store (dollar amounts are
For Questions 19-20 - refer to the information below are selected data from the balance sheet of Compros, a small electronics store (dollar amounts are in thousands):
Cash $75
Accounts Receivable $135
Inventory $240
Total Assets $900
Current Liabilities $300
Noncurrent Liabilities $375
What is the quick ratio?
Group of answer choices
1.5 to 1
.7 to 1
.45 to 1
.2 to 1
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