Question: From the following data for David ProElecticals, calculate the quick ratio. Cash$ 6 8 , 5 0 0 Accounts receivable 1 3 0 , 0

From the following data for David ProElecticals, calculate the quick ratio. Cash$ 68,500Accounts receivable130,000Inventories213,000Prepaid expenses 25,000Total current assets$436,500Less current liabilities 275,000Working capital$161,500 a.1.6 b.0.7 c.0.3 d.1.5

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