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merrisara merrisara
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5 months ago
The following information was extracted from Webb Company's financial statements:

Cash$500
Accounts receivable$300
Inventory$200
Current liabilities$700

The current ratio and quick ratio for Webb Company are

▸ Current ratio = 0.7143; Quick ratio = 0.4286.

▸ Current ratio = 1.4286; Quick ratio = 1.1429.

▸ Current ratio = 1.1429; Quick ratio = 1.4286.

▸ Current ratio = 0.4286; Quick ratio = 0.7143.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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anitasaganitasag
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5 months ago
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