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Posted on Jul 16, 2024

The company is having cash balance $ 1 0 , bank balance $ 5 0 , Stock $ 4 0 , prepaid expenses $ 1

The company is having cash balance $

10,

bank balance $

50,

Stock $

40,

prepaid expenses $

15,

creditors $

10

and short term loan $

20 .

In such case the quick ratio of the company is:

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