Monika's Cookie has cash of $1,200, accounts receivable of $870, accounts payable of $560, and...
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Monika's Cookie has cash of $1,200, accounts receivable of $870, accounts payable of $560, and inventory of $1,084. What is the value of the quick ratio? Hint: Current assets include cash, cash equivalents, accounts receivable, stock inventory, marketable securities, and other liquid assets.
Monika's Cookie has cash of $1,200, accounts receivable of $870, accounts payable of $560, and inventory of $1,084. What is the value of the quick ratio?
Hint: Current assets include cash, cash equivalents, accounts receivable, stock inventory, marketable securities, and other liquid assets.
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