Question: Question 22 (3 points) Based on the following data, what is the quick ratio, rounded to one decimal point? Accounts payable $37,000 Accounts receivable
Question 22 (3 points) Based on the following data, what is the quick ratio, rounded to one decimal point? Accounts payable $37,000 Accounts receivable 67,000 Accrued liabilities 8,000 Cash 37,000 Intangible assets 59,000 Inventory 76,000 Long-term investments 82,000 Long-term liabilities 106,000 Marketable securities 37,000 Fixed assets 678,000 Prepaid expenses 8,000 Your Answer: Answer
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