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A Company Has a Current Ratio of 1

question 145

Short Answer

A company has a current ratio of 1.92,total liabilities of $193,849,long-term notes payable of $85,791,a quick ratio of .96.What is the total of the quick assets for the company?


Definitions:

Delta Waves

Slow brain waves that are characteristic of deep sleep and are associated with healing, regeneration, and non-REM sleep.

Electroencephalograph (EEG)

A device used to record electrical activity of the brain, used in the diagnosis of various neurological disorders, in sleep research, and for monitoring brain activity in other research contexts.

Melatonin

A hormone secreted by the pineal gland that plays a major role in regulating sleep-wake cycles and circadian rhythms.

Insomnia

The inability to get to sleep, stay asleep, or get a good quality of sleep.

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