Kiosk Corp

question 120

Multiple Choice

Kiosk Corp. has current assets of $4.5 million and current liabilities of $3.6 million. The current ratio is 1.25, and the quick ratio is 0.75. How much does Kiosk have invested in inventory (in millions) ?

• A) $0.8
• B) $1.8
• C) $2.4
• D) $2.9
• E) $3.6

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