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Compute the quick ratio

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Reference no: EM133066035

Question - Compute the quick ratio using the following information.

Cash $50,000

Accounts receivable $130,000

Inventories $210,000

Prepaid assets $15,000

Total current assets $405,000

Current liabilities $160,000

a.2.62

b.3.25

c.1.13

d.2.50

Reference no: EM133066035

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