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Quick ratio = (Cash + accounts receivable)/Accounts payable For 2008 the quick ratio = (140 + 780)/1120 = 920/1120 = .82 A .82 Solution Quick ratio = (Cash + accounts receivable)/Accounts payable For 2008 the quick ratio = (140 + 780)/1120 = 920/1120 = .82 A .82.

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Quick ratio = (Cash + accounts receivable)/Accounts payable For 2008 the quick ratio = (140 + 780)/1120 = 920/1120 = .82 A .82 Solution Quick ratio = (Cash + accounts receivable)/Accounts payable For 2008 the quick ratio = (140 + 780)/1120 = 920/1120 = .82 A .82

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  • 1. Quick ratio = (Cash + accounts receivable)/Accounts payable For 2008 the quick ratio = (140 + 780)/1120 = 920/1120 = .82 A .82 Solution Quick ratio = (Cash + accounts receivable)/Accounts payable For 2008 the quick ratio = (140 + 780)/1120 = 920/1120 = .82 A .82