Question: Take me to the text Selected financial data from Brew Company is provided below. Cash $71,000 Accounts Receivable $216,000 Inventory $259,000 Short-Term Investments $41,000 Land

 Take me to the text Selected financial data from Brew Company

Take me to the text Selected financial data from Brew Company is provided below. Cash $71,000 Accounts Receivable $216,000 Inventory $259,000 Short-Term Investments $41,000 Land and Building $472,000 Current Portion of Long-Term Debt $29,000 Accounts Payable $115,000 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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