A company has $100,000 in cash, $200,000 in short-term investments, and $300,000 in accounts receivable. The company

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A company has $100,000 in cash, $200,000 in short-term investments, and $300,000 in accounts receivable. The company also has $500,000 in accounts payable and $400,000 in short-term debt. What is the company's quick ratio?

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Entrepreneurial Finance

ISBN: 978-1305968356

6th edition

Authors: J. Chris Leach, Ronald W. Melicher

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Posted Date: Apr 06, 2024 07:29 AM

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A company has $100,000 in cash, $200,000 in short-term investments, and $300,000 in accounts receivable. The company

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Calculating the Quick Ratio The quick ratio also called the acidtest ratio measures a c... View the full answer

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