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QUESTION 15 Cash is $20,000, prepaid expenses are $8,000, net income is $68,000, current liabilities are 552,000, secounts receivable as $20.000, and merchandise inventory is
QUESTION 15 Cash is $20,000, prepaid expenses are $8,000, net income is $68,000, current liabilities are 552,000, secounts receivable as $20.000, and merchandise inventory is $10,000. The quick ratio is: Da 0.48 1.242 Oc1.12 d.0.77
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