Question
The balance sheet is illustrated below. Cash Rs. 10,000 Inventory Rs. 5,000 Accounts receivable Rs. 5,000 Investments in stocks Rs. 1000 Prepaid taxes Rs. 500
The balance sheet is illustrated below.
Cash Rs. 10,000 Inventory Rs. 5,000 Accounts receivable Rs. 5,000 Investments in stocks Rs. 1000 Prepaid taxes Rs. 500 Current liabilitiesRs. 15,000
Quick ratio is ?????
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
