Use the information below for Harding Company to answer the question that follow. Harding Company Accounts...

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business accounting

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Answer 1

Answer #1

a. 1.9

EXPLANATION

QUICK ASSET account Receivable+cash+marketable security

= 72533+21066+37574 =131173

QUICK LIABILITIES

=account payable+accrued liability +note payable

=38492+6286+23961=68739

=quick asset/quick liability =131173/68739=1.90

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Answer 2

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