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Chartered Financial Analyst Level 1

Chartered Financial Analyst Level 1

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An analyst gathers the following information (in thousands) about a company's current assets and liabilities:

  • Cash and equivalents: 800
  • Short-term marketable securities: 500
  • Inventory: 700
  • Accounts receivable: 2,000
  • Current liabilities: 10,000

The company's quick ratio is:

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