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QUESTION 20 The following data were taken from the Balance Sheet of Precision Gears Company: Cash Marketable Securities Accounts and Notes Receivable (net) 395,000 Inventories
QUESTION 20 The following data were taken from the Balance Sheet of Precision Gears Company: Cash Marketable Securities Accounts and Notes Receivable (net) 395,000 Inventories Prepaid Expenses Accounts and Notes Payable (short-term) 250,000 Accrued Liabilities What is the Quick Ratio? $280,000 131,000 570,000 19,000 60,000 A. 4.5 B. 2.6 D. 3.9
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