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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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Horngrens Accounting

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