The Crafter Company had the following assets and liabilities as of December 31,2012:

Determine the quick ratio for the end of the year (rounded to one decimal point).
A)5.3
B)3.6
C)3.3
D)2.3

Question

The Crafter Company had the following assets and liabilities as of December 31,2012:

Determine the quick ratio for the end of the year (rounded to one decimal point).
A)5.3 
B)3.6 
C)3.3 
D)2.3

Quizplus · Accepted Answer

The Answer of The Crafter Company had the following assets and liabilities as of December 31,2012:

Determine the quick ratio for the end of the year (rounded to one decimal point).
A)5.3 
B)3.6 
C)3.3 
D)2.3

The Crafter Company Had the Following Assets and Liabilities as of December