Determining the quick ratio


You are analyzing a company that has cash of $11,200, accounts receivable of $27,800, fixed assets of $124,600, accounts payable of $31,300, and inventory of $56,900. What is the quick ratio?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Determining the quick ratio
Reference No:- TGS0675406

Now Priced at $5 (50% Discount)

Recommended (94%)

Rated (4.6/5)