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CFA Level 1 Exam

3959 Questions

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Question No. 1

The balance sheet of Firm A shows the following:

Cash & Cash equivalents 432
Receivables 98
Inventories 143
Marketable securities 329
Short-term loans 732
Current portion of long-term debt 210
The quick ratio of the firm equals ________.
Choose the correct option from the given list.
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