Calculate the quick ratio from the following information from a manufacturing company. Cash on hand = $200,000
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Question:
Calculate the quick ratio from the following information from a manufacturing company.
Cash on hand = $200,000
Cash in bank = $100,000
Inventories = $100,000.
Current liabilities = $100,000
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324302691
11th edition
Authors: Eugene F. Brigham, ? Joel F. Houston
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