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XYZ Company Balance Sheet Using the balance sheet provided, what is the decimal value for the quick ratio? Assets Liabilities Cash $10,000 Notes $45,000

XYZ Company Balance Sheet Using the balance sheet provided, what is the decimal value for the quick ratio? Assets Liabilities Cash $10,000 Notes $45,000 Inventory $61,000 Wages $56,000 quick ratio = [?] Property $110,000 Round to the nearest tenth. Equity Stock $50,000 Investment $39,000 Total Assets: Total Liabilities + Equity:

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