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Q3: Calculate the quick current ratio using the following information: (3 Marks) Cash $9,000 Accounts receivable 2,100 Prepaid rent 1100 Land 45,000 Equipment 4,000 accumulated

Q3: Calculate the quick current ratio using the following information: (3 Marks) Cash $9,000 Accounts receivable 2,100 Prepaid rent 1100 Land 45,000 Equipment 4,000 accumulated depreciation 800 accounts payable 6000 salaries payable 600 notes payable-long term 9000

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