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Quick Ratio Analysis and Operating Income Margin Calculation: QRST Corporation provides the following financial data: Quick Assets: $200,000 Current Liabilities: $100,000 Net Sales: $500,000 Operating

Quick Ratio Analysis and Operating Income Margin Calculation:

QRST Corporation provides the following financial data:

Quick Assets: $200,000
Current Liabilities: $100,000
Net Sales: $500,000
Operating Income: $150,000

Analyze the quick ratio and calculate the operating income margin for QRST Corporation.

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