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brittanygossett

  • one year ago

Look at the following summary of ABC Inc.’s accounts on December 31, 2012. current liabilities: $25,000 total assets: $3,00,000 investments: $75,000 total liabilities: $80,000 net income (after tax): $100,000 current assets: $55,000 inventory: $5,000. Calculate the quick ratio. 1 : 1 3 : 1 1 : 2 2 : 1 2 : 3

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