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Selected June 30, 20x2 balance sheet account balances for an entity follow: Accounts payable $299000 307000 Accounts receivable Cash 35000 Common shares 402000 Property, plant
Selected June 30, 20x2 balance sheet account balances for an entity follow: Accounts payable $299000 307000 Accounts receivable Cash 35000 Common shares 402000 Property, plant and equipment 198000 Inventory 329000 Prepaid expenses 33000 What is the quick ratio as at June 30, 20x2? Select one: O a. 2.355 Ob. 1.144 O c. 2.244 O d. 1.254
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