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The Crafter Company has the following assets and liabilities: ASSETS Cash $ 2 8 , 0 0 0 Accounts receivable 1 5 , 0 0
The Crafter Company has the following assets and liabilities:
ASSETS
Cash
$
Accounts receivable
Inventory
Equipment
LIABILITIES
Current portion of longterm debt
Accounts payable
Longterm debt
Determine the quick ratio rounded to one decimal point
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