-Based on the Above Data,what Is the Quick Ratio,rounded to Accounts

question 11

Multiple Choice

$\begin{array}{lr}\text { Accounts payable } & \$ 30,000 \\\text { Accounts receivable } & 35,000 \\\text { Accrued liabilities } & 7,000 \\\text { Cash } & 25,000 \\\text { Intangible assets } & 40,000 \\\text { Inventory } & 72,000 \\\text { Long-term investments } & 100,000 \\\text { Marketable securities } & 75,000 \\\text { Notes payable short-term } & 36,000 \\\text { Property, plant, and equipment } & 20,000 \\\text { Prepaid expenses } & 400,000 \\& 2,000\end{array}$
-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:

Environmental Hazards

Potential sources of harm to health or safety originating in the environment, including physical, chemical, and biological factors, within indoor and outdoor settings.

Diuretics

Medications that help the body eliminate excess fluid by increasing urine production, used in the treatment of conditions like hypertension and edema.

Antiarrhythmics

Medications used to treat irregular heartbeats or arrhythmias that work by influencing the electrical conduction system of the heart.

Antihypertensives

Medications used to lower high blood pressure, helping prevent the complications of hypertension.