Question: Agnes Company reported the following data: Quick assets Current assets Total liabilities Average net receivables Beginning inventory Long-term liabilities Net credit sales Cost of goods

liabilities Average net receivables Beginning inventory Long-term liabilities Net credit sales Cost

Agnes Company reported the following data: Quick assets Current assets Total liabilities Average net receivables Beginning inventory Long-term liabilities Net credit sales Cost of goods sold Ending inventory $63,000 158,000 308,000 13,400 46,000 208,000 134,000 92,000 54,000 What was the current ratio? Multiple Choice 0.51 Multiple Choice 0.51 0.63 0.76 O 1.58 EN Next > 25 of 29

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