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You have obtained the following information for Blue Bell Farms. The tax rate is 34 percent. Cash $ 124 Net fixed assets 2,498 Accrued expenses
You have obtained the following information for Blue Bell Farms. The tax rate is 34 percent.
Cash | $ | 124 |
Net fixed assets | 2,498 | |
Accrued expenses | 135 | |
Inventory | 1,027 | |
Long-term debt | 1,876 | |
Sales | 3,850 | |
Costs | 2,220 | |
Accounts payable | 486 | |
Depreciation | 321 | |
Interest paid | 136 | |
Accounts receivable | 518 | |
Dividends paid | 281 | |
What is the quick ratio?
Multiple Choice
1.03 times
.96 times
.82 times
1.08 times
1.26 times
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