A firm has $60,000 in cash, $200,000 in accounts receivable, and $400,000 in current liabilities. Its quick ratio is _____.

A firm has $60,000 in cash, $200,000 in accounts receivable, and $400,000 in current liabilities. Its quick ratio is _____.

A firm has $60,000 in cash, $200,000 in accounts receivable, and $400,000 in current liabilities. Its quick ratio is _____.


a. 0.5

b. 0.65

c. 1.7

d. 2.0


Answer: B


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