Content Area From the following data for Zen Industries, calculate the quick ratio. Line Item Description Amount

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Content Area From the following data for Zen Industries, calculate the quick ratio.

Line Item Description Amount Cash $ 66,500

Accounts receivable 120,000

Inventories 210,000

Prepaid expenses 25,000

Total current assets $ 421,500

Less current liabilities (270,000)

Working capital $ 151,500 .

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Fundamental Managerial Accounting Concepts

ISBN: 978-1259569197

8th edition

Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Olds

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Posted Date: Mar 11, 2024 11:25 PM

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Content Area From the following data for Zen Industries, calculate the quick ratio. Line Item Description Amount

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Fundamental Managerial Accounting Concepts

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