Calculate the Quick Ratio using the following information: Cash Short Term Investments Accounts Receivable Inventory Other Current Assets Total Current Assets Long Term Assets Current Liabilities Long Term Liabilities 2.00 2.30 2.50 2.45 5,000 1,000 2,000 1,200 600 9,800 12,000 4,000 3,000
Calculate the Quick Ratio using the following information: Cash Short Term Investments Accounts Receivable Inventory Other Current Assets Total Current Assets Long Term Assets Current Liabilities Long Term Liabilities 2.00 2.30 2.50 2.45 5,000 1,000 2,000 1,200 600 9,800 12,000 4,000 3,000
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 16MCQ
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