Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Privett Co
| Line Item Description | Amount |
|---|---|
| Accounts payable | $25,053 |
| Accounts receivable | 70,409 |
| Accrued liabilities | 6,881 |
| Cash | 20,738 |
| Intangible assets | 35,730 |
| Inventory | 87,924 |
| Long-term investments | 102,683 |
| Long-term liabilities | 75,371 |
| Marketable securities | 39,958 |
| Notes payable (short-term) | 26,323 |
| Prepaid expenses | 2,989 |
| Property, plant, and equipment | 608,659 |
Based on the data for Privett Co, what is the quick ratio, rounded to one decimal point?
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