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Rickos Rickos
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6 years ago
Kiosk Corp. has current assets of $4.5 million and current liabilities of $3.6 million. The current ratio is 1.25, and the quick ratio is 0.75. How much does Kiosk have invested in inventory (in millions)?
A) $0.8
B) $1.8
C) $2.4
D) $2.9
E) $3.6
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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LutionalLutional
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#1
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6 years ago
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Anonymous
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#2
7 months ago
Help! The answer is missing an explanation...
wrote...
#3
7 months ago
Added info!
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