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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
Quicksilver Co. has cash of $33,000; net Accounts Receivable of $41,000; short-term investments of $15,000 and inventory of $25,000. It also has $30,000 in current liabilities and $50,000 in long-term liabilities. The quick ratio for Quicksilver Co. is:
A) 1.78.
B) 2.97.
C) 3.30.
D) 3.80.
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Financial Accounting

Financial Accounting


Edition: 3rd
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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tivo Author
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#2
7 years ago
I appreciate it once again, answered correctly
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