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The following is selected financial information for Joker Company for 201 1 . Use this table to answer quiz questions 5 6 , 7 and

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The following is selected financial information for Joker Company for 201 1 . Use this table to answer quiz questions 5 6 , 7 and 8 Cash $ 13000 Accounts receivable 17.000 Current asset 36 000 Current liabilities 33.000 Long-term debt 70 000 Short term debt 0 0 00 Total liabilities 230. 000 Interest expense 5000 Capital expenditures 6000 Equity 46000 Cash from operation 900 Earnings before interest and taxes 16000 5 . Compute the quick ratio for Joker Company 2 0727 1.091 C . 0. 394 d . 0.333

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