Luther Corporation Consolidated Balance Sheet 30 June 2017 and 2018 (in $ millions)

-Refer to the balance sheet above. Luther's quick ratio for 2017 is closest to:
A)0.77
B)1.09
C)0.92
D)1.31

Question

Luther Corporation Consolidated Balance Sheet 30 June 2017 and 2018 (in $ millions)
 
-Refer to the balance sheet above. Luther's quick ratio for 2017 is closest to:
A)0.77 
B)1.09 
C)0.92 
D)1.31

Quizplus · Accepted Answer

The Answer of Luther Corporation Consolidated Balance Sheet 30 June 2017 and 2018 (in $ millions)
 
-Refer to the balance sheet above. Luther's quick ratio for 2017 is closest to:
A)0.77 
B)1.09 
C)0.92 
D)1.31