a-company-has-current-assets-of-400000-including-150000-in-inventory-and-30000-i

Question

A company has current assets of $$400,000, including 150$$,000 in inventory and $$30,000 in prepaid expenses. Current liabilities are 200$$,000. What is the quick ratio?

Accepted Answer

1.10

Answer

1.00

Answer

0.90

Answer

1.50

A company has current assets of \$400,000, including \$150,000 in inventory and \$30,000 in prepaid expenses. Current liabilities are \$200,000. What is the quick ratio?