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Given the following information: Inventory $500 Short-term marketable securities 100 Current liabilities 400 Cash 200 Prepaid insurance 300 Accounts receivable 400 What is the quick
Given the following information:
Inventory $500
Short-term marketable securities 100
Current liabilities 400
Cash 200
Prepaid insurance 300
Accounts receivable 400
What is the quick ratio?
a. 0.5 times
b. 3 times
c. 1.75 times
d. 3.75 times
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