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Question - You have obtained the following information for Blue Bell Farms. The tax rate is 34 percent.
Cash $124
Net fixed assets 2,498
Accrued expenses 135
Inventory 1,027
Long-term debt 1,876
Sales 3,850
Costs 2,220
Accounts payable 486
Depreciation 321
Interest paid 136
Accounts receivable 518
Dividends paid 281
Required - What is the quick ratio?
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