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Given the selected financial statement data for KRJ Enterprises presented below, calculate the quick ratio. Note that all current asset accounts are listed. Present your
Given the selected financial statement data for KRJ Enterprises presented below, calculate the quick ratio. Note that all current asset accounts are listed. Present your answer to two decimal places. e.g. 20.00. Cash & marketable securities $153 Accounts receivable $466 Inventory $429 Total other current assets $218 Fixed assets (net) $2,223 $199 Intangible assets Long-term investments $260 Total current liabilities $862 Long-term debt $978 Other long-term liabilities $171 Stockholders' equity $755
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