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Use the information provided for Harding Company to answer the question that follow. Harding Company Accounts payable $34,274 Accounts receivable 70,115 Accrued liabilities 6,336 Cash
Use the information provided for Harding Company to answer the question that follow. Harding Company Accounts payable $34,274 Accounts receivable 70,115 Accrued liabilities 6,336 Cash 21,756 Intangible assets 35,437 Inventory 78,116 Long-term investments 99,665 Long-term liabilities 72,028 Notes payable (short-term) 29,106 Property, plant, and equipment 686,358 Prepaid expenses 1,566 Temporary investments 31,954 Based on the data for Harding Company, what is the quick ratio (rounded to one decimal place)? a. 0.8 b. 14.7 c. 1.8 d. 2.9
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