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What is the quick ratio

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Question - Based on the following data, what is the quick ratio, rounded to one decimal point?

Accounts payable $35,000

Accounts receivable 63,000

Accrued liabilities 8,000

Cash 33,000

Intangible assets 59,000

Inventory 79,000

Long-term investments 83,000

Long-term liabilities 102,000

Marketable securities 32,000

Fixed assets 690,000

Prepaid expenses 6,000

Reference no: EM133042762

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