What is the quick ratio for picasso paint supply, Accounting Basics

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What is the quick ratio for picasso paint supply

Question: Picasso's Paint Supply has cash of $153,000; net Accounts Receivable of $99,000; short-term investments of $43,000 and prepaid expenses of $43,000. It also has $50,000 in current liabilities and $75,000 in long-term liabilities. What is the quick ratio for Picasso's Paint Supply? 3.06 O 5.90 6.76 O 2.36

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Accounting Basics: What is the quick ratio for picasso paint supply

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Accounting Basics: What is the quick ratio for picasso paint supply

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