Luther Corporation Consolidated Balance Sheet
December 31, 2006 and 2005 (in $ millions) Refer to the balance sheet above. Luther's quick ratio for 2006 is closest to ________.
A)0.87
B)1.75
C)0.88
D)1.31

Question

Luther Corporation Consolidated Balance Sheet
December 31, 2006 and 2005 (in $ millions)  Refer to the balance sheet above. Luther's quick ratio for 2006 is closest to ________.
A)0.87 
B)1.75 
C)0.88 
D)1.31

Quizplus · Accepted Answer

The Answer of Luther Corporation Consolidated Balance Sheet
December 31, 2006 and 2005 (in $ millions)  Refer to the balance sheet above. Luther's quick ratio for 2006 is closest to ________.
A)0.87 
B)1.75 
C)0.88 
D)1.31