Question: Take me to the text Selected financial data from Dock Company is provided below. Cash $77,000 Accounts Receivable $228,000 Inventory $265,000 Short-Term Investments $39,000 Land

Take me to the text Selected financial data from Dock Company is provided below. Cash $77,000 Accounts Receivable $228,000 Inventory $265,000 Short-Term Investments $39,000 Land and Building $546,000 Current Portion of Long-Term Debt $37,000 Accounts Payable $ 105,000 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 2.10 shows that the company is likely to meet its short-term cash obligations. True Check re to search

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