Question: QUESTION 8 Shown below are selected data from the balance sheet of Knights Agri Supplies, a retail store (dollar amounts are in thousands) Cash Accounts
QUESTION 8 Shown below are selected data from the balance sheet of Knights Agri Supplies, a retail store (dollar amounts are in thousands) Cash Accounts receivable Inventory Total assets Current liabilities Noncurrent liabilities $ 130 $ 370 S 400 $ 1.260 S 340 $ 280 Refer to the above data. What is the quick ratio? o 5% O 1.5 to 1 O 20% O 10 to 1
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
