The number of quick assets and the acid test ratio for the company Forget-Me-Not Flowers which has a cash balance of $ 1 , 180 , marketable securities of $ 0 , accounts receivable of $ 985 and current liabilities of $ 1 , 250 .

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Chapter 15.III, Problem 9RE

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To calculate: The number of quick assets and the acid test ratio for the company Forget-Me-Not Flowers which has a cash balance of $1,180, marketable securities of $0, accounts receivable of $985 and current liabilities of $1,250.

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