Question
La Marque Boutique Hotel had the following financial information for the past year: - Inventory = $120,000 - Current Assets = $300,000 - Quick ratio
La Marque Boutique Hotel had the following financial information for the past year:
- Inventory = $120,000 - Current Assets = $300,000 - Quick ratio = 1.50
Based on the information above, what were La Marque Boutique Hotels current liabilities for the past year?
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Managerial Accounting Principles Of Accounting II
Authors: Eric W. Noreen, Peter C. Brewer, Ray H. Garrison
6th Edition
0077681258, 978-0077681258
