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What is the quick ratio if cash is $10,000, accounts receivable are $25,000, inventories are $30,000, accounts payable are $30,000? a.2.00 b.1.17 c.0.73 d.0.09 True

  1. What is the quick ratio if cash is $10,000, accounts receivable are $25,000, inventories are $30,000, accounts payable are $30,000?

a.2.00

b.1.17

c.0.73

d.0.09

  1. True or False. Accelerated Depreciation allows companies to write off their assets faster in earlier years than the straight-line depreciation method and to write off a smaller amount in the later years.

a.True

b.False

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