The Crafter Company Had the Following Assets and Liabilities as of December

question 138

Multiple Choice

The Crafter Company had the following assets and liabilities as of December 31, 2012: Determine the quick ratio for the end of the year (rounded to one decimal point) .

• A) 6.7
• B) 13.0
• C) 4.2
• D) 3.5

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