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Night Train Incorporated has posted a partial balance sheet from their current financials. The company would like help in calculating their liquidity position. Balance Sheet
Night Train Incorporated has posted a partial balance sheet from their current financials. The company would like help in calculating their liquidity position.
| Balance Sheet | Current Financials |
|---|---|
| Accounts Receivable | $743,015.00 |
| Cash and Marketable Securities | $203,700.00 |
| Inventory | $486,600.00 |
| Notes Payable | $549,200.00 |
| Accounts Payable | $331,200.00 |
Find the quick ratio for the firm. round to 2 decimals
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The Preppers Financial Guide
Authors: Jim Cobb
1st Edition
1612434037, 978-1612434032
