{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T05:46:18-04:00", "answer_date": "2024-06-28 05:46:18", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4249464", "url": "\/study-help\/questions\/souvenirs-pty-ltd-has-a-current-ratio-of-31-and-4249464", "question_creation_date_js": "2024-06-28T05:46:18-04:00", "question_creation_date": "Jun 28, 2024 05:46 AM", "meta_title": "[Solved] Souvenirs Pty Ltd has a current ratio of | SolutionInn", "meta_description": "Answer of - Souvenirs Pty Ltd has a current ratio of 3:1 and current liabilities of $15,000. If Souvenirs Ltd has $10,000 of inven | SolutionInn", "meta_keywords": "souvenirs,pty,ltd,current,ratio,3,1,liabilities,$15,000,$10,000,inventory,quick", "question_title_h1": "Souvenirs Pty Ltd has a current ratio of 3:1 and current liabilities of $15,000. If Souvenirs Ltd has $10,000 of inventory, what is the quick", "question_title": "Souvenirs Pty Ltd has a current ratio of 3:1 and current liabilities", "question_title_for_js_snippet": "Souvenirs Pty Ltd has a current ratio of 3 1 and current liabilities of $15,000 If Souvenirs Ltd has $10,000 of inventory, what is the quick ratio a) 2 25 to 1 b) 2 00 to 1 c) 2 33 to 1 d) 1 50 to 1 I'm not sure how to work out the answer I also do not know the answer ", "question_description": "

Souvenirs Pty Ltd has a current ratio of 3:1 and current liabilities of $15,000. If Souvenirs Ltd has $10,000 of inventory, what is the quick ratio?<\/strong><\/p>

a) 2.25 to 1<\/p>

b) 2.00 to 1<\/p>

c) 2.33 to 1<\/p>

d) 1.50 to 1<\/p>

I'm not sure how to work out the answer. I also do not know the answer.<\/p>", "transcribed_text": "", "related_book": { "title": "Managerial Accounting Tools for Business Decision Making", "isbn": "978-1118334331, 1118334337, 978-1119036449, 1119036445, 978-1119036432", "edition": "7th edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1003.jpg", "uri": "\/textbooks\/managerial-accounting-tools-for-business-decision-making-7th-edition-1003", "see_more_uri": "" }, "free_related_book": { "isbn": "1441928820", "uri": "\/textbooks\/intuitive-combinatorial-topology-1st-edition-978-1441928825-273077", "name": "Intuitive Combinatorial Topology", "edition": "1st Edition" }, "question_posted": "2024-06-28 05:46:18", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/what-are-the-advantages-of-investing-in-the-common-stock", "description": "What are the advantages of investing in the common stock rather than the corporate bonds of a company? Compare the certainty of returns for a bond with those for a common stock . 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