The following account values are from Baker Company's balance sheet: Cash $10,000 Accounts Receivable $5,000 Inventory $25,000 Equipment $75,000 Buildings $100,000 Short-term Liabilities $15,000...


The following account values are from Baker Company's balance sheet:



Cash $10,000


Accounts Receivable $5,000


Inventory $25,000


Equipment $75,000


Buildings $100,000


Short-term Liabilities $15,000


Long-term Liabilities $50,000


What is Baker's quick ratio?



a. 0.70



b. 0.42



c. 2.33



d. 1.00



Jun 09, 2022
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