Multiple Choice
Granny's Jug Herbal Shop has total current liabilities of $2,000 and an inventory of $1,000. If its current ratio is 2.5, then what is its quick ratio?
A) 2.0
B) 2.5
C) 3.0
D) 3.5
Correct Answer:
Verified
Related Questions
Granny's Jug Herbal Shop has total current liabilities of $2,000 and an inventory of $1,000. If its current ratio is 2.5, then what is its quick ratio?
A) 2.0
B) 2.5
C) 3.0
D) 3.5
Correct Answer:
Verified
