$\begin{array}{l}
\text { LIABILITIES AND SHAREHOLDERS' EQUITY }\
\begin{array} { l r }
\text { Accounts payable } & \$ 60,000 \
\text { Accrued expenses } & 40,000 \
\text { Long-term debt } & 130,000 \
\text { Common stock } & 80,000 \
\text { Retained earnings } & \underline { 100,000 } \
\text { Total Liabilities and Shareholders' Equity } & \underline { \$ 410,000 }
\end{array}
\end{array}$

-Megaframe's quick ratio is:
A) 1:1.
B) 1:2.
C) 1.6:1.
D) 3:1.

Question

$\begin{array}{l}
\text { LIABILITIES AND SHAREHOLDERS' EQUITY }\
\begin{array} { l r } 
\text { Accounts payable } & \$ 60,000 \
\text { Accrued expenses } & 40,000 \
\text { Long-term debt } & 130,000 \
\text { Common stock } & 80,000 \
\text { Retained earnings } & \underline { 100,000 } \
\text { Total Liabilities and Shareholders' Equity } & \underline { \$ 410,000 }
\end{array}
\end{array}$

-Megaframe's quick ratio is:
A) 1:1. 
B) 1:2. 
C) 1.6:1. 
D) 3:1.

Quizplus · Accepted Answer

The Answer of 
$\begin{array}{l}
\text { LIABILITIES AND SHAREHOLDERS' EQUITY }\
\begin{array} { l r } 
\text { Accounts payable } & \$ 60,000 \
\text { Accrued expenses } & 40,000 \
\text { Long-term debt } & 130,000 \
\text { Common stock } & 80,000 \
\text { Retained earnings } & \underline { 100,000 } \
\text { Total Liabilities and Shareholders' Equity } & \underline { \$ 410,000 }
\end{array}
\end{array}$

-Megaframe's quick ratio is:
A) 1:1. 
B) 1:2. 
C) 1.6:1. 
D) 3:1.

-Megaframe's Quick Ratio Is: A) 1:1

-Megaframe's Quick Ratio Is:
A) 1:1