Math question help needed

Mathematics
Tutor: None Selected Time limit: 1 Day

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 - Advances - Prepayments/ Current Liabilities 

                   12000+27000-33000/38000+13000=0.12




May 20th, 2015

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