Math question help needed

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what is the quick ratio if cash is 12,000 accounts receivable is 27,000, inventories is 33,000 and accounts payable 38,000 and accrued payroll is 13,000?

May 20th, 2015

QUICK RATIO = CURRENT ASSETS- INVENTORY / CURRENT LIABILITY

12000+27000-33000/ 38000+13000

6000/51000

0.12: 1

May 20th, 2015

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May 20th, 2015
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May 20th, 2015
Sep 26th, 2017
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