Question: Calculate the quick ratio based on the information below. - Cash & equivalents: 12,000 - Marketable securities: 5,000 - Accounts receivable: 6,000 - Inventory: 2,800

Calculate the quick ratio based on the information below. - Cash

Calculate the quick ratio based on the information below. - Cash \& equivalents: 12,000 - Marketable securities: 5,000 - Accounts receivable: 6,000 - Inventory: 2,800 - Current liabilities: 8,500 - Current portion of long-term debt: 15,000 - Interest expense: 1,100

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