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The following date was taken from the balance sheet of hampton Inc.: Cash Accounts Receivable Inventory Prepaid Expenses Property, Plant, and Equipment Accounts Payable Accrued
The following date was taken from the balance sheet of hampton Inc.: Cash Accounts Receivable Inventory Prepaid Expenses Property, Plant, and Equipment Accounts Payable Accrued Liabilities Notes Payable (long term) $25,000 $65,000 $120,000 $10,000 $220,000 $45,000 $15,000 $50,000 Use the data above to calculate Hampton's quick ratio: 1.5 0.82 3.67 7.3
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