The November 31, 2016, balance sheet of Ivey Company includes the following information: ...
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Accounting
The November 31, 2016, balance sheet of Ivey Company includes the following information:
Inventory $750,000
Prepaid Expenses 60,000
Total Current Assets 1,800,000
Total Current Liabilities 875,000
Accounts Payable 540,000
What is Iveys quick ratio at November 31, 2016?
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