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Given the following information, calculate the Quick Ratio for 2019. Express your answer as a decimal equivalent rounded to 4 decimal places. For example, if
Given the following information, calculate the Quick Ratio for 2019. Express your answer as a decimal equivalent rounded to 4 decimal places. For example, if your calculation results in a value of 1.24567 your answer should be 1.2457; NOT 1.25 or 1.246 Assets 2019 Cash 7,973 Inventory 7,542 Accounts Receivable 7,076 Property, Plant, & Equipment 67,518 Technology 12,252 Liabilities Accounts Payable 5,968 Wages Payable 5,622 Bank loans 19,924 Mortgage 29,099 Owners Equity Common - paid in capital 29,404 Income Statement Revenues 152,132 Cost of Goods Sold 52,697 Sales & Admin Expense 56,916 Depreciation & Amortization 6,562 Interest Paid 5,462 Taxes Paid 7,453 Dividends Paid 1,373
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