Business, 22.07.2021 17:20 yaretxi

A corporation reports the following year-end balance sheet data. The company's acid-test ratio equals: Cash$40,000
Current liabilities$75,000
Accounts receivable 55,000
Long-term liabilities 35,000
Inventory 60,000
Common stock 100,000
Equipment 145,000
Retained earnings 90,000
Total assets$300,000
Total liabilities and equity$300,000

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A corporation reports the following year-end balance sheet data. The company's acid-test ratio equal...