Question
Pearl's Pizza has cash of $5,000, inventory of $100,000, and accounts receivable of $45,000. Current liabilities are $50,000 and long-term liabilities are $25,000. Pearl's Pizza's
Pearl's Pizza has cash of $5,000, inventory of $100,000, and accounts receivable of $45,000. Current liabilities are $50,000 and long-term liabilities are $25,000. Pearl's Pizza's quick ratio is: 3:1 O 2:1 O 1.25:1 O 1:1 none of the above
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Principles Of Cost Accounting
Authors: Robert E. Schmiedicke, Edward J. Vanderbeck
11th Edition
0538873426, 978-0538873420
