Elance Exams Answers PDF file

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Download PDF file of elance Zoho Creator Exam Answers
elance-zoho-creator-exam.pdf

A company has cash of $30,000, accounts receivable of $150,000, inventory of $140,000, and accounts payable of $200,000. Which of the following is correct?

The quick ratio is 0.9 : 1 and the current ratio is 1.6 : 1.
The quick ratio is .9 : 1 and the current ratio is 0.9 : 1.
The quick ratio is 1.6 : 1 and the current ratio is 1.6 : 1.
The quick ratio is 1.6 : 1 and the current ratio is 0.9 : 1.
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