Calculate the quick assets (in $) and acid test ratio for the given company. Round ratios to the nearest hundredth.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Calculate the quick assets (in $) and acid test ratio for the given company. Round ratios to the nearest hundredth.
Calculate the quick assets (in $) and add test ratio for the glven company. Round ratios to the neaest hundredth.
Current
Liabilities
Quick
Assets
Current
Marketable
Accounts
Acid Test
Company
Assets
Cash
Securities
Receivable
Ratio
a personal electronics retail store
$14,440
$19,800
$2,990
$4,430
Transcribed Image Text:Calculate the quick assets (in $) and add test ratio for the glven company. Round ratios to the neaest hundredth. Current Liabilities Quick Assets Current Marketable Accounts Acid Test Company Assets Cash Securities Receivable Ratio a personal electronics retail store $14,440 $19,800 $2,990 $4,430
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