Math question help needed

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what is the quick ratio if cash is 12,000 accounts receivable is 30,000, inventories is 25,000 and accounts payable 40,000 and accrued payroll is 13,000?

May 20th, 2015

Quick ratio= (Cash + account receivable + accounts payable)/ ( inventories +accrued payroll)

Quick ratio= (12000+ 30000+ 40000)/ (25000+ 13000)
                  =82000/38000= 2.15




May 20th, 2015

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