Problemabcs current assets comprise of cash accounts, Ask an Expert

Finance

Problem:

ABC's current assets comprise of cash, accounts receivables, and inventory. ABC has $10,342 in cash, $8,947 in accounts receivables, and $5,725 in inventory. If the current ratio is 1.7 times, compute the quick ratio.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91148535

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