The following information was taken from the most recent balance sheet of collectible calendars, inc.: cash & cash equivalents $32,000 short-term investments 8,000 current receivables (net) 64,000 current liabilities 92,000 what is collectible calendars quick ratio (round to two decimal places)?

1.130

Explanation:

Given:

Cash & Cash Equivalents = $32,000

Short-term Investments = $8,000

Current Receivables (Net) = $64,000

Current Liabilities = $92,000

Now,

The quick ratio is the ratio of the sum of the cash, cash equivalents and net receivables to the current liability of a firm

Therefore,

for the given question

quick ratio =

or

quick ratio =

or

quick ratio = 1.130

the u.s. census bureau produces data on the population and economy nationwide. it can you to analyze the kind of people living in your neighborhood. it does not show you the market of people willing to buy your product or an existing market for your product. that will require more market research. the census bureau only gives you an insight to the demographics in your area.

the best way to learn how to declare a major is to talk to a admissions office.