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Use the Information above. What Is the quick ratio? Select one: 4.15 to 1 3.9 to 1 2.0 to 1 none of the above Net
Use the Information above. What Is the quick ratio? Select one: 4.15 to 1 3.9 to 1 2.0 to 1 none of the above Net sales were $467, 500, and the accounts receivable turnover was 8.5 times. What are the accounts receivable? Assume all sales are on account. Select one: $55,000 $467, 500 $3, 973, 750 Not determinable from the information provided None of the above The excess of current liabilities over current assets is known as working capital
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