Shown below are selected data from the balance sheet of Compros, a small electronics store (dollar amounts are in thousands): Cash $ 66 Accounts receivable $ 126 Inventory $ 195 Total assets $ 855 Current liabilities $ 210 Noncurrent liabilities $ 330 What is the quick ratio?

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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Shown below are selected data from the balance sheet
of Compros, a small electronics store (dollar amounts
are in thousands):
Cash
$ 66
Accounts receivable
$ 126
Inventory
$ 195
Total assets
$ 855
Current liabilities
$ 210
Noncurrent liabilities $ 330
What is the quick ratio?
Transcribed Image Text:Shown below are selected data from the balance sheet of Compros, a small electronics store (dollar amounts are in thousands): Cash $ 66 Accounts receivable $ 126 Inventory $ 195 Total assets $ 855 Current liabilities $ 210 Noncurrent liabilities $ 330 What is the quick ratio?
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