Question: f given the following information: Current Assets: 1612 Current Liabilities: 2107 Cash: 1273 Inventory: 231 Net Working Capital: 1468 Total Assets: 4286 Average Daily Operating
f given the following information: Current Assets: 1612 Current Liabilities: 2107 Cash: 1273 Inventory: 231 Net Working Capital: 1468 Total Assets: 4286 Average Daily Operating Costs: 230
Find the Quick Ratio.
Answer in the format:
- #0.00
- Round properly to two decimal places
- Do not round intermediary calculations. Use full precision of your calculator or excel.
- Example: .157835 would be .16
- Example: 2.3491 would be entered 2.35
HINT: This is NOT a percentage. Do not convert it into one.
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