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You find that Uber Inc. has the debt / equity ratio of 0.64, while the industry average debt / equity ratio is 0.45. You would
You find that Uber Inc. has the debt / equity ratio of 0.64, while the industry average debt / equity ratio is 0.45. You would conclude that Uber uses less debt when compared to its peers. Uber uses more debt when compared to its peers. Uber outperforms its peers in terms of short-term liquidity. Uber underperforms its peers in terms of short-term liquidity. CarMax has cash of $132 million, inventory of $3,157 million, total current assets of $4,116 million, and total current liabilities of $1,698 million on its latest balance sheet. Compute its quick ratio. 0.41 0.08 0.56 2.42
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