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Question 22 (4 points) Balance Sheet Current assets Cash 870,000 Acc receivable not given Inventories 1,050,000 Fixed aggets 3,220,000 TOTAL ASSETS 6,200,000 Current liabilities Ace

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Question 22 (4 points) Balance Sheet Current assets Cash 870,000 Acc receivable not given Inventories 1,050,000 Fixed aggets 3,220,000 TOTAL ASSETS 6,200,000 Current liabilities Ace payable not gaven Long-term debt 1,900,000 Common stack 80,000 Retained earrange 3, 190,000 TOTAL LIAB and EQUITY E200,000 Encome Statement Sales 19,600,000 Operating expense 2 820.000 LEIT 20000 super 256 CON 2008 TED tlet 40 000 REP Sunt What is the fim's quick ratio? 6.93 4.49 4.45 O 0.83 1.28

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