Eagle Company has $9,000 in cash, $11,000 in marketable securities, $26,000 in current receivables, $34,000 in inventories, and $40,000 in current liabilities. The company's quick ratio is closest to
A) 1.35.
B) 1.15.
C) 2.00.
D) 1.73.
Correct Answer:
Verified
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