Based on the Below Figures, What Is the Quick Ratio

question 8

Multiple Choice

Based on the below figures, what is the quick ratio?
$\begin{array}{c}&£ \\\text { Trade payables } &40,000 \\\text {Trade receivables } &45,000 \\\text { Cash and cash equivalents } &15,000 \\\text { Taxation payable } &20,000 \\\text { The portion of long-term borrowings repayable } &15,000 \\\text { within 12 months of the year end date } &\\\text {Inventory } &20,000\end{array}$

• A) 0.80:1
• B) 1:1
• C) 1.07:1
• D) 1.25:1

Comprehend the impact of social structures and language on human evolution.

Understand the implications of genetic diversity and population movements on modern human variation.

Grasp methods used in paleoanthropology to distinguish between species and understand their behaviors.

Understand different hypotheses concerning the origin of Homo floresiensis.

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Definitions:

Factor

An element or component that contributes to or influences a situation, outcome, or process.

Basis of the Bargain

The primary conditions and understandings that form the foundation of a contractual agreement.

Express Warranty

A written or verbal promise from a seller about the quality or performance of a product being sold.

Lifetime

The duration for which an entity, such as a product, organization, or individual, exists or is expected to function.