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Suppose you are analyzing a competitor of Levi's Luxury Shop and determine that Current Assets are cash of $2,000, accounts receivable of $3,700, and inventory
Suppose you are analyzing a competitor of Levi's Luxury Shop and determine that Current Assets are cash of $2,000, accounts receivable of $3,700, and inventory of $4,100. Other assets are net fixed assets of $10,900. The firm also has Current Liabilities of accounts payable of $6,600 and long-term liabilities of 3,900. What is the quick ratio?
0.86 |
3.30 | |
1.48 |
0.67 | |
0.30 |
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