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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
A company has $56,000 in cash; $12,000 in Accounts Receivable; $25,000 in short-term investments and $100,000 in merchandise inventory. The company also has $60,000 in current liabilities. The company's quick ratio is:
A) 3.217.
B) 1.550.
C) 1.133.
D) 0.933.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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bravata Author
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#2
7 years ago
Thank you so much

I wish I knew about this years ago
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