Some selected financial statement items belonging to Fanar Company are given in the table below. According to this information, which of the following is the Quick Ratio? Inventory 11,500 Current Assets 63,000 Current Liabilities 20,000 Non-current Assets 90,000 Net Profit 13,000 Shareholders' Equity 65,000 Select one: a. 2.63 b. 2.58 c. 1.99 d. 0.91

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Some selected financial statement items belonging to Fanar Company are given in the table below. According to this information, which of the following is the Quick Ratio? Inventory 11,500 Current Assets 63,000 Current Liabilities 20,000 Non-current Assets 90,000 Net Profit 13,000 Shareholders' Equity 65,000 Select one: a. 2.63 b. 2.58 c. 1.99 d. 0.91
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