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Find the quick ratio for the firm

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Reference no: EM133115825

Night Train Incorporated has posted a partial balance sheet from their current financials. The company would like help in calculating their liquidity position.

Balance Sheet

Current Financials

Accounts Receivable

$748,015.00

Cash and Marketable Securities

$200,100.00

Inventory

$476,925.00

Notes Payable

$584,000.00

Accounts Payable

$394,100.00

Find the quick ratio for the firm.

Reference no: EM133115825

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