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bigexternal bigexternal
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Posts: 1279
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7 years ago
What is the quick ratio if cash is $10,000, accounts receivable are $25,000, inventories are $30,000, accounts payable are $40,000, and accrued payroll is $15,000?
A) 2.00
B) 1.18
C) 0.73
D) 1.13
E) 0.09
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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We're using: Corporate Finance Online (Eakins, McNally)
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BlimpBlimp
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Posts: 499
7 years ago
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More solutions for this book are available here
1
Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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bigexternal Author
wrote...
7 years ago
Firstly, thank you for responding
Secondly, ur right!
We're using: Corporate Finance Online (Eakins, McNally)
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