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The following balance sheet Information is provided for Greene Company for Year 2: 10:15 Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net
The following balance sheet Information is provided for Greene Company for Year 2: 10:15 Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of depreciation Land Total assets Liabilities and stockholders' equity Accounts payable Salaries payable Bonds payable (due in ten years) Common stock, no par Retained earnings Total liabilities and stockholders' equity $ 5,000 11,150 14,500 1,300 19,200 13,100 $64,250 $ 2,610 8,530 10,500 18,000 24,610 $ 64,250 What is the company's quick (acia-test ratio? What is the company's quick (add-test) rato? Multiple Choice 075
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