Larry's Lounge has cash of $1,670, accounts receivable of $610, accounts payable of $2,900, and inventory of $3,690. What is the value of the quick ratio?
A) .58
B) .62
C) .79
D) 2.06
E) 2.13

Question

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The Answer of Larry's Lounge has cash of $1,670, accounts receivable of $610, accounts payable of $2,900, and inventory of $3,690. What is the value of the quick ratio?
A) .58
B) .62
C) .79
D) 2.06
E) 2.13

Larry's Lounge Has Cash of $1,670, Accounts Receivable of $610