Question

apters 4-6 6 A companys current assets are $17,980, its quick assets are $11.420 and its current liabilities are $12.190. It
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer : OPTION " A " 0.94

Quick Ratio= Quick Assets / Current liabilities

Quick Assets = $11,420 Current liabilities = $12,190

Quick ratio = $11,420/$12,190

Quick ratio = 0.94

Add a comment
Know the answer?
Add Answer to:
apters 4-6 6 A company's current assets are $17,980, its quick assets are $11.420 and its...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT