The following financial data have been taken from Muscat Company: of Account receivable $200,000 Bonds payable, due in 10 years 300,000 Land 250,000 Notes payable, due in six months 50,000 stion Cash...


The following financial data have been taken from Muscat Company:<br>of<br>Account receivable<br>$200,000 Bonds payable, due in 10 years<br>300,000<br>Land<br>250,000<br>Notes payable, due in six months 50,000<br>stion<br>Cash<br>100,000<br>Interest payable, due in three<br>months<br>10,000<br>Accounts payable<br>80,000<br>Inventory<br>440,000<br>What is the quick ratio?<br>Select one:<br>O 2.14<br>O 1.68<br>O 0.68<br>None of the answers are correct<br>O 2.31<br>ENG<br>07:08<br>

Extracted text: The following financial data have been taken from Muscat Company: of Account receivable $200,000 Bonds payable, due in 10 years 300,000 Land 250,000 Notes payable, due in six months 50,000 stion Cash 100,000 Interest payable, due in three months 10,000 Accounts payable 80,000 Inventory 440,000 What is the quick ratio? Select one: O 2.14 O 1.68 O 0.68 None of the answers are correct O 2.31 ENG 07:08

Jun 06, 2022
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