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Quick Corporation has current liabilities of $6,000, inventory of $2,700, and net working capital of $2,600. What is its quick ratio? (Hint: First estimate current
Quick Corporation has current liabilities of $6,000, inventory of $2,700, and net working capital of $2,600. What is its quick ratio? (Hint: First estimate current assets using the data given and then calculate the quick ratio.)
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