Question: Current asset information for Hundred Dollar Tree is presented below. Cash and cash equivalents $ Marketable securities 1,246,743 324,166 516,357 Accounts receivable (net) Inventories Prepaid
Current asset information for Hundred Dollar Tree is presented below. Cash and cash equivalents $ Marketable securities 1,246,743 324,166 516,357 Accounts receivable (net) Inventories Prepaid expenses Other current assets Total current assets 852,443 110,339 1.634.423 $4,684,471 Hundered Dollar Tree has a current ratio of 1.8. What is Hundred Dollar Tree's quick ratio? A) 0.69 B) 0.80 C) 0.78 D) 0.89
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