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The following financial data have been taken from Muscat Company Account receivable $200,000 Bonds payable, due in 10 years 300,000 Land 250,000 Notes payable, due

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The following financial data have been taken from Muscat Company Account receivable $200,000 Bonds payable, due in 10 years 300,000 Land 250,000 Notes payable, due in six 50,000 months Cash 100,000 Interest payable, due in three 10,000 months Accounts payable 80,000 Inventory 440,000 What is the quick ratio? Select one: None of the answers are correct 1.68 2.31 2.14 0.68 - : II O

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