Question: Using the information provided extract the necessary information and compute the Quick Ratio. Current Assets $50, 000 Current Asset $25, 000 Inventory $ 5,000 Accounts

Using the information provided extract the necessary information and compute the Quick Ratio.

Current Assets $50, 000

Current Asset $25, 000

Inventory $ 5,000

Accounts Receivable $ 7,000

Notes Payable $8,000

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