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Bavarian Sausage, Inc. Bavarian Sausage, Inc. posted the following balance sheet and income statement. Cash Balance Sheet $ 5What is Bavarian Sausage, Inc.s quick ratio? A. 0.5645 B. 1.2903 C. 1.9565 D.0.8871

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Answer #1
Current Assets = Cash & Cash Equivalents+ Inventory+ Accounts Receivables
Current Assets = +50000+225000+125000
Current Assets= 400000
Current Liabilities = Accounts Payable+ Short-Term Debt
Current Liabilities = +185000+125000
Current Liabilities= 310000
Quick or acid test ratio = (current assets-inventory)/current liablities
Quick or acid test ratio = (400000-225000)/310000
Quick or acid test ratio = 0.5645
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