Question: Using the following year - end information for WorkFit calculate the quick ratio:CashShort - term investmentsAccounts receivable ( all current ) InventorySuppliesAccounts payableWages payable$ 5

Using the following year-end information for WorkFit calculate the quick ratio:CashShort-term investmentsAccounts receivable (all current)InventorySuppliesAccounts payableWages payable$ 54,82012,00054,000230,0006,160106,00031,300Up Do upHelpMultiple Choice0.580.380.470.88

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