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Shown below are selected data from the balance sheet of Compros, a small electronics store (dollar amounts are in thousands): What is the quick ratio?
Shown below are selected data from the balance sheet of Compros, a small electronics store (dollar amounts are in thousands): What is the quick ratio?
| Cash | $ | 75 | |
| Accounts receivable | $ | 135 | |
| Inventory | $ | 240 | |
| Total assets | $ | 900 | |
| Current liabilities | $ | 300 | |
| Noncurrent liabilities | $ | 375 |
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A History Of Accountancy In The United States
Authors: Gary John Previts, Barbara Dubis Merino
98th Edition
0814207286, 978-0814207284
