Chipotle has cash of $899 million, inventory of $35 million, total current assets of $1,175 million, and

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Chipotle has cash of $899 million, inventory of $35 million, total current assets of $1,175 million, and total current liabilities of $921 million on its latest balance sheet. Compute its quick ratio.

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Financial Reporting Financial Statement Analysis and Valuation

ISBN: 978-0324302950

6th edition

Authors: Clyde P. Stickney

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Posted Date: Apr 03, 2024 06:43 AM

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Chipotle has cash of $899 million, inventory of $35 million, total current assets of $1,175 million, and

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The quick ratio also known as the acidtest ratio is a measure of a companys ability to meet its shor... View the full answer

Financial Reporting Financial Statement Analysis and Valuation

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