Shares outstanding of common stock = 1,000,000
Shares outstanding of preferred stock = 500,000
Market price of common stock = $18.
-The Quick Ratio is:
A) 0.29
B) 0.667
C) 1.20
D) .833

Question

Shares outstanding of common stock = 1,000,000 
Shares outstanding of preferred stock = 500,000 
Market price of common stock = $18.
-The Quick Ratio is:
A) 0.29 
B) 0.667 
C) 1.20 
D) .833

Quizplus · Accepted Answer

The Answer of  Shares outstanding of common stock = 1,000,000 
Shares outstanding of preferred stock = 500,000 
Market price of common stock = $18.
-The Quick Ratio is:
A) 0.29 
B) 0.667 
C) 1.20 
D) .833

Shares Outstanding of Common Stock = 1,000,000