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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
Lionworks Company has cash of $143,000; net Accounts Receivable of $89,000; short-term investments of $35,000 and prepaid expenses of $40,000. It also has $50,000 in current liabilities and $80,000 in long-term liabilities. The quick ratio for Lionworks Company is:
A) 3.34.
B) 4.64.
C) 5.34.
D) 6.14.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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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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