Lionworks Company Has Cash of $143,000;net Accounts Receivable of $89,000;short-Term

question 76

Multiple Choice

Lionworks Company has cash of $143,000;net Accounts Receivable of $89,000;short-term investments of $35,000 and prepaid expenses of $40,000.It also has $50,000 in current liabilities and $80,000 in long-term liabilities.The quick ratio for Lionworks Company is:

• A)3)34.
• B)4)64.
• C)5)34.
• D)6)14.