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QUESTION 19 2 Guys and a Truck has sales of $200,000, Cost of Goods Sold of 100,000, a net income of $15,000, and the following

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QUESTION 19 2 Guys and a Truck has sales of $200,000, Cost of Goods Sold of 100,000, a net income of $15,000, and the following balance sheet: $ 30,000 $ 10,000 Cash Accounts payable 20,000 Receivables 50,000 Other current liabilities Inventories 150,000 Long-term debt 50,000 Common equity Net fixed assets 90,000 200,000 Total liabilities and equity $300.000 $300,000 Total assets Calculate the firm's Quick Ratio 1.67 0.83 0.33 1.2

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