From the Following Data for David ProElecticals,calculate the Quick Ratio

question 83

Multiple Choice

From the following data for David ProElecticals,calculate the quick ratio.

• A)1.6
• B)0.7
• C)0.3
• D)1.5

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Definitions:

Price

The fiscal amount needed for the acquisition of a product or service.

Delphiniums

A genus of flowering plants known for their tall spikes of colorful flowers, commonly found in gardens.

Perfect Substitutes

Goods or services that can be used in exactly the same way and to the same extent, where one can completely replace the other in consumption.

Income Effect

The alteration in income for a person or the economy and the resulting influence on the demand for a certain good or service.