Eric & Jared's Department Store has current liabilities of $7,630,net working capital of $2,180,inventory of $2,750,and sales of $51,800.What is the quick ratio?
A)0.79
B)0.84
C)0.93
D)1.09
E)3.50

Name: Eric & Jared's Department Store has current liabilities of $7,630,net working capital of $2,180,inventory of $2,750,and sales of $51,800.What is the quick ratio? A)0.79 B)0.84 C)0.93 D)1.09 E)3.50
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Quick ratio = ($7,630 + $2,180 - $2,750)/$7,630 = 0.93

Eric & Jared's Department Store Has Current Liabilities of $7,630,net