Top Posters
Since Sunday
2
g
1
D
1
Home Q & A Board Other Fields Homework Help Business
New Topic  
solina solina
wrote...
Go to Answer
Posts: 1273
Rep: 9 0
7 years ago
Kingsbury Associates has current assets as follows:

Cash    $3,000
Accounts receivable    $4,500
Inventories    $8,000

If Kingsbury has a current ratio of 3.2, what is its quick ratio?
A) 2.07
B) 1.55
C) 0.48
D) 0.96
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
Read 99 times
2 Replies
Heavy Heart Thank you bio-forums! Heavy Heart
Replies
Answer verified by a subject expert
vanrheevanrhee
wrote...
#1
Top Poster
Posts: 718
Rep: 39 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

solina Author
wrote...
#2
7 years ago
Really appreciate the assistance, very kind of you!
Heavy Heart Thank you bio-forums! Heavy Heart
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1139 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 92
  
 1672
  
 216
Your Opinion
Who will win the 2024 president election?
Votes: 19
Closes: November 4
Previous poll results: Does a gender wage gap exist in America?