Picasso's Paint Supply has cash of $153,000; net Accounts Receivable of $99,000; short-term investments of $43,000 and

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Picasso's Paint Supply has cash of $153,000; net Accounts Receivable of $99,000; short-term investments of $43,000 and prepaid expenses of $43,000. It also has $50,000 in current liabilities and $75,000 in long-term liabilities. What is the quick ratio for Picasso's Paint Supply? 3.06 O 5.90 6.76 O 2.36

Posted Date: May 18, 2024 10:09 AM

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Picasso's Paint Supply has cash of $153,000; net Accounts Receivable of $99,000; short-term investments of $43,000 and

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