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Chromel Company has $36,000 in cash, $12,000 in marketable securities, $40,000 in accounts receivables, $25,000...

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Accounting

Chromel Company has $36,000 in cash, $12,000 in marketable securities, $40,000 in accounts receivables, $25,000 in inventories, and $80,000 in current liabilities. The company's quick ratio is closest to:

a.2.45.

b.3.12.

c.0.25.

d.1.10.

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