medium · Principles of Finance financial-statements-markets-wc
A firm has current assets of $500 million (Cash = $50M, Marketable Securities = $50M, Receivables = $150M, Inventory = $250M) and current liabilities of $200 million.
What is the firm's Quick Ratio?
- 1.00
- 0.50
- 1.25
- 2.50
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