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Radiance Limited has cash of $35,000, marketable securities totaling $15,000, net receivables amounting to $20,000, and current liabilities of $55,000. The quick ratio for this
Radiance Limited has cash of $35,000, marketable securities totaling $15,000, net receivables amounting to $20,000, and current liabilities of $55,000. The quick ratio for this company is:
a.1.000
b.1.273
c.1.875
d.0.780
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