Question
QUESTION 22 Consider the following information: Total current assets$78,632 Deferred income taxes$3,210 Inventories$9,823 Prepaid expenses$1,050 Other assets$3,890 Total current liabilities$32,043 What is the quick ratio?
QUESTION 22
Consider the following information:
Total current assets$78,632
Deferred income taxes$3,210
Inventories$9,823
Prepaid expenses$1,050
Other assets$3,890
Total current liabilities$32,043
What is the quick ratio?
- 2.32
- 2.45
- 2.24
- 2.15
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
17th Edition
1260247783, 978-1260247787
