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ZB Bank Ltd has a current ratio of 2.5 and current liabilities of R773 000. The cost of goods sold amounts to R4 895 000.

ZB Bank Ltd has a current ratio of 2.5 and current liabilities of R773 000. The cost of goods sold amounts to R4 895 000. If the company has an inventory turnover ratio of 5.46, what would its quick ratio be?

2.62

0.28

4.21

1.34

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