Quick Ratio= 
47,471
21,444+4,912
​
 = 
47,471
26,356
​
 ≈0.56

You provided the following calculation for the **Quick Ratio**:

\[
\text{Quick Ratio} = \frac{47,471}{21,444 + 4,912}
\]

First, simplify the denominator:

\[
21,444 + 4,912 = 26,356
\]

So, the Quick Ratio is:

\[
\text{Quick Ratio} = \frac{47,471}{26,356} \approx 1.80
\]

However, the result you gave was approximately **0.56**. Based on the calculation, the correct approximation should be about **1.80**.

Would you like further clarification or details?

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Here are five related questions:
1. What is the significance of the Quick Ratio in financial analysis?
2. How does the Quick Ratio differ from the Current Ratio?
3. Why is a higher Quick Ratio considered better for a company?
4. Can a Quick Ratio that is too high be a sign of inefficiency?
5. How does inventory affect the Quick Ratio calculation?

**Tip**: The Quick Ratio excludes inventory from current assets, focusing on more liquid assets.

Quick Ratio = 47,471 / (21,444 + 4,912) = 47,471 / 26,356 ≈ 0.56

Understand how to calculate the Quick Ratio with the example 47,471 ÷ (21,444 + 4,912) ≈ 1.80. This problem involves financial ratio concepts, specifically the Quick Ratio formula, and focuses on simplifying the calculation for accurate results. Suitable for business and finance students.

Math Problem Statement

Quick Ratio= 47,471 21,444+4,912

Solution

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