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Short-term investments of 150000 accounts receivable of

A company had current assets of $550,000 and a current ratio of 2.0. The current assets consist of Cash of $50,000, Short-term investments of $150,000, Accounts receivable of $50,000, and Inventory of $300,000. What is the company's quick ratio? and how do you find it?

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Accounting Basics: Short-term investments of 150000 accounts receivable of

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