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Gt company has $200 in cash, $500 in accounts receivable, and $700 in inventory. the company also has $200 in accounts payable and $200 in unearned sales revenue. what is the company's quick ratio? a.
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Sep 22, 2018
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Gt company has $200 in cash, $500 in accounts receivable, and $700 in inventory. the company also has $200 in accounts payable and $200 in unearned sales revenue. what is the company's quick ratio?
a. 2.25
b. 3.00
c. 1.75
d. 3.50
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b. 3.00 is the answer, I believe!
Dion V
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Sep 27, 2018
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