A firm has $ 6 0 , 0 0 0 in cash, $ 2 0 0 ,

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Question:

A firm has $

60, 000

in cash, $

200, 000

in accounts receivable, and $

400, 000

in current liabilities. Its quick ratio is?

Posted Date: May 11, 2024 02:48 AM

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A firm has $ 6 0 , 0 0 0 in cash, $ 2 0 0 ,

Question:

Expert Answer:

To calculate the quick ratio we need to use the formula Quick Ratio ... View the full answer

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