Dartmouth Company has an quick ratio of 2.5 to 1. It has current liabilities of $40,000 and noncurrent assets of $70,000. If Dartmouth's current ratio is 3.1 to 1, its inventory and prepaid expenses must be

A) $12,400
B) $24,000
C) $30,000
D) $40,000


B

Business

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