Based on the Above Data, What Is the Quick Ratio

question 131

Multiple Choice

Based on the above data, what is the quick ratio, rounded to one decimal point?

• A) 1.7
• B) 2.9
• C) 1.1
• D) 1.0

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Definitions:

Venture Capital

Financing that investors provide to startup companies and small businesses with long-term growth potential in exchange for an equity stake.

First Stage Investment

The initial round of funding for a startup or business venture, typically provided by venture capitalists or angel investors to support early development.

Rate of Return

A measure of the gain or loss on an investment over a specified period, expressed as a percentage of the investment's cost.

Strategic Circumference

The boundary or scope within which strategic decisions and actions take place, defining the extent of an organization's strategic domain.