Business, 21.04.2020 23:24 redthangracing
What is the acid-test ratio for a merchant with the following account balances?
(Round your answer to two decimal places.)
Cash $22,000
Short-term investments 41,000
Net current receivables 50,000
Merchandise inventory 93,000
Total current liabilities 275,000
A) 0.75B) 0.41C) 0.60D) 0.81
Answers: 1
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What is the acid-test ratio for a merchant with the following account balances?
(Round your a...
(Round your a...
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