Based on the Above Data, What Is the Quick Ratio

question 69

Multiple Choice

Based on the above data, what is the quick ratio, rounded to one decimal point?

• A) 2.7
• B) 2.6
• C) 1.7
• D) 0.9

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Definitions:

Central Business District

The main commercial center of a town or city, where most offices, shops, and businesses are located.

Higher Crime Rates

Situations where the number of criminal incidents is greater compared to the average or a comparative metric.

Lack of Parking

The insufficient availability of parking spaces, which can deter potential customers from visiting a business location, affecting its foot traffic and sales.

Quality Restaurants

Dining establishments known for their high standards in food preparation, service, and overall dining experience.