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What is radios quick ratio

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Problem 1: Radio Corp. has total current liabilities of $22,000 an inventory of $7,000 and current assets of $26,400. If its current ratio is 1.2, then what is radios quick ratio?

Option 1: 1.2
Option 2: 2.0
Option 3: 2.5
Option 4: .88

Reference no: EM132907773

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