ABC Co. has current assets as follows: Cash Accounts receivable Inventories 0.96 O 1.55 If ABC Co. has a current ratio of 3.2, what is its quick ratio? O 2.07 P 3,000 O 0.48 P 4,500 P 8,000

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ABC Co. has current assets as follows:
Cash
Accounts receivable
Inventories
0.96
O 1.55
If ABC Co. has a current ratio of 3.2, what is its quick ratio?
O 2.07
P 3,000
O 0.48
P 4,500
P 8,000
Transcribed Image Text:ABC Co. has current assets as follows: Cash Accounts receivable Inventories 0.96 O 1.55 If ABC Co. has a current ratio of 3.2, what is its quick ratio? O 2.07 P 3,000 O 0.48 P 4,500 P 8,000
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