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Home Q & A Board Other Fields Homework Help Business Accounting
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KarenSmith KarenSmith
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7 years ago
The following information is provided for Holiday, Inc.:
   Cash   $ 19   Interest expense   $ 61
   Cost of sales   2,755   Inventory   703
   Current liabilities   1,141    Other current assets   141
   Income taxes   186   Receivables   606
   Income from      Sales   5,004
    operations   575   Trading securities   109
What is the quick ratio?
A)   .72 to 1
B) 1.26 to 1
C)   .64 to 1
D) 1.38 to 1
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
Author:
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mourningbirdmourningbird
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7 years ago
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KarenSmith Author
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#2
7 years ago
You guys have been so helpful
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#3
7 years ago
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