Question: Take me to the text Selected financial data from Brew Company is provided below. Cash $62,000 Accounts Receivable $223,000 Inventory $265,000 Short-Term Investments $31,000 Land
Take me to the text Selected financial data from Brew Company is provided below. Cash $62,000 Accounts Receivable $223,000 Inventory $265,000 Short-Term Investments $31,000 Land and Building $500,000 Current Portion of Long-Term Debt $24.000 Accounts Payable $106,000 a) Calculate the quick ratio. Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places, Quick Ratio = b) True or False? A quick ratio of 2.30 shows that the company is likely to meet its short-term cash obligations
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