Question: The Gap Inc. (GPS) operates specialty retail stores under such brand names as GAP, Old Navy, and Banana Republic. The following asset and liability data

The Gap Inc. (GPS) operates specialty retail stores under such brand

The Gap Inc. (GPS) operates specialty retail stores under such brand names as GAP, Old Navy, and Banana Republic. The following asset and liability data (in millions) were adapted from recent financial statements. 1. Compute quick assets for Years 2 and 1. 2. Compute the quick ratio for Years 2 and 1. Round your answers to two decimal places

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