Based on the Above Data, What Is the Quick Ratio

question 108

Multiple Choice

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

---

Definitions:

Greenmail Option

A strategy where a company buys back its shares from a potential acquirer at a higher price to prevent a takeover.

Target Management

The practice of focusing organizational strategies and operations towards achieving predefined goals and objectives.

Sherman Antitrust Act

A landmark federal statute in the United States passed in 1890 that prohibits monopolistic business practices and promotes competition.

Per Se Violation

In antitrust law, a restraint of trade practice so serious that it is prohibited whether or not it actually harms anyone.