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QUESTION

Convex industries has inventories of $204 ​million, current assets of $1.50 ​billion, and current liabilities of $505 million. what is its quick​ ratio? a. 2.57 b. 1.28 c. 3.08 d. 1.02

Convex industries has inventories of $204 ​million, current assets of $1.50 ​billion, and current liabilities of $505 million. what is its quick​ ratio?

a. 2.57

b. 1.28

c. 3.08

d. 1.02

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