Question: Calculate the Quick Ratio based on the information below and round to 2 decimal places: Cash: $ 2 0 , 0 0 0 A /

Calculate the Quick Ratio based on the information below and round to 2 decimal places:
Cash: $20,000
A/R: $46,000
Short-Term Investments: $15,000
Inventory: $55,000
Accounts Payable: $39,000
Salaries Payable: $40,000
Long-Term Debt: $66,000
Calculate the Quick Ratio based on the information below and round

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