This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Kelly Co. has cash of $62,000; net Accounts Receivable of $74,000; short-term investments of $15,000 ... (Read 172 times)

joe

  • Hero Member
  • *****
  • Posts: 627
on: Feb 18, 2020
Kelly Co. has cash of $62,000; net Accounts Receivable of $74,000; short-term investments of $15,000 and inventory of $67,000. It also has $51,000 in current liabilities and $73,000 in long-term liabilities. What is the quick ratio for Kelly Co.?
◦ 4.27
◦ 1.22
◦ 0.84
◦ 2.96
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by joe on Feb 18, 2020

marict

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 26% of students answer this correctly


joe

  • Member
  • Posts: 627
Reply 2 on: Feb 18, 2020
YES! Correct, THANKS for helping me on my review

bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Intussusception. A short length of small intestine has telescoped into itself. Intussusception. A short length of small intestine has telescoped into itself.
Associative Long-Term Potentiation Associative Long-Term Potentiation
Example of calculation of days in accounts receivable (AR). Example of calculation of days in accounts receivable (AR).
Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory
Full-term Fetus Full-term Fetus
Short-wavelength flux is reflected by Earth Short-wavelength flux is reflected by Earth
Video: Kinetic parameters & Kinetic experiment

For a complete list of videos, visit our video library