SDJ, Inc., has net working capital of $3,550, current liabilities of $5180, and inventory of $4,690. What is the quick ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

SDJ, Inc., has net working capital of $3,550, current liabilities of $5180, and inventory of $4,690. What is the quick ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Name: SDJ, Inc., has net working capital of $3,550, current liabilities of
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Description: SDJ, Inc., has net working capital of $3,550, current liabilities of $5180, and inventory of $4,690. What is the quick ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 15MCQ: Hummel Inc. has $30,000 in current assets and $15,000 in current liabilities. What is Hummels...

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