Question: Quick Ratio Consider the following financlal statement information for Hi-Tech Instruments: *Common stock: $25 par value, 2,000,000 shares outstanding. Calculate the company's quick ratio for

Quick Ratio Consider the following financlal statement information for Hi-Tech Instruments: *Common stock: $25 par value, 2,000,000 shares outstanding. Calculate the company's quick ratio for the current year. Round answer to two decimal places (ex: 0.97543=0.98 )
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