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Question 22 (3 points) Based on the following data, what is the quick ratio, rounded to one decimal point? Accounts payable Accounts receivable Accrued liabilities
Question 22 (3 points) Based on the following data, what is the quick ratio, rounded to one decimal point? Accounts payable Accounts receivable Accrued liabilities Cash Intangible assets Inventory Long-term investments Long-term liabilities Marketable securities Fixed assets Prepaid expenses $36,000 64,000 6.000 35,000 51.000 78,000 82.000 114,000 40.000 684.000 15 7.000 Your Answer: 18
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