Question 6 Kershaw Corporation had the following list of items from its balance sheet in alphabetical order for year 2021 and 2022: 31st DECEMBER 2022 31ST DECEMBER 2021 $118726 99348 31264 17166 96765 12322 Accounts payable Accounts receivable Cash Income tax payable Inventory Marketable securities Prepaid expenses Salaries payable $123046 61244 25577 12833 113077 40948 36277 49116 20847 37903 1 points Sar During 2022, net credit sales and cost of goods sold were $669312 and $388020, respectively. Net cash provided by operating activities for 2022 was $143384 Compute the QUICK RATIO (ACID TEST RATIO) for 2022

Kershaw Corporation had the following lest of items from its balance sheet in alphabetical order for year 2021 and 2022 During 2022, net credit sales and cost of goods sold were $009312 and $388020, respectively Net cash provided by operating activites for 2022 was 3143384. Compule the OUICK RATIO (ACID TEST RATIO) for 20