Golf Co. prepared its 2023 financial statement based on this information. The company had cash $1,234, inventory $13,480, equity $36,008, accounts receivable $7,789, net fixed assets $42,331, other long-term assets $1,822, accounts payable $9,558, and accrued taxes $2,756. Based on the information given for Golf Co., what is its quick ratio? 0.73 0.88 01.09 O 1.83 O none of the provided answers are correct D
Golf Co. prepared its 2023 financial statement based on this information. The company had cash $1,234, inventory $13,480, equity $36,008, accounts receivable $7,789, net fixed assets $42,331, other long-term assets $1,822, accounts payable $9,558, and accrued taxes $2,756. Based on the information given for Golf Co., what is its quick ratio? 0.73 0.88 01.09 O 1.83 O none of the provided answers are correct D
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Golf Co. prepared its 2023 financial statement based on this information. The company had cash $1,234, inventory
$13,480, equity $36,008, accounts receivable $7,789, net fixed assets $42,331, other long-term assets $1,822, accounts
payable $9,558, and accrued taxes $2,756. Based on the information given for Golf Co., what is its quick ratio?
O 0.73
0.88
07.09
O 1.83
O none of the provided answers are correct
O
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