Question
From the following list of accounts calculate the quick ratio. Cash 9,000 Accounts payable $ 11,000 Accounts receivable Inventory 12,000 Salary payable 7,000 17,000 Notes
From the following list of accounts calculate the quick ratio. Cash 9,000 Accounts payable $ 11,000 Accounts receivable Inventory 12,000 Salary payable 7,000 17,000 Notes payable (due in two years) .. 17,000 Prepaid insurance 4,000 Short-term investments 6,000 OA. 1.6 OB. 1.5 OC. 1.4 OD. 2.5
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Construction Accounting And Financial Management
Authors: Steven J. Peterson
4th Edition
0135232872, 978-0135232873
