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What is the quick ratio

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Question - Consider the following information:

Total current assets $78,632

Deferred income taxes $3,210

Inventories $9,823

Prepaid expenses $1,050

Other assets $3,890

Total current liabilities $32,043

Required - What is the quick ratio?

a. 2.32

b. 2.45

c. 2.24

d. 2.15

Reference no: EM132734854

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