Question: Agnes Company reported the following data: Quick assets Current assets Total liabilities Average net receivables Beginning inventory Long-term liabilities Net credit sales Cost of goods

Agnes Company reported the following data: Quick assets Current assets Total

Agnes Company reported the following data: Quick assets Current assets Total liabilities Average net receivables Beginning inventory Long-term liabilities Net credit sales Cost of goods sold Ending inventory $57,000 152,000 302,000 12,800 40,000 202,000 128,000 86,000 48,000 What was the current ratio? 0.50 0.66 0.75 1.52

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