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Use the following to calculate the acid-test ratio. (Round y…

Use the following to calculate the acid-test ratio. (Round your answer to two decimal places.) Cash                                $130,000Short-term investments    15,000Net current receivables   280,000Inventory                          280,000Total current liabilities    790,000 A) 0.73B) 8.67C) 0.89D) 0.54

Use the following to calculate the acid-test ratio. (Round y…

Posted on: March 9, 2025 Last updated on: March 9, 2025 Written by: Anonymous Categorized in: Uncategorized
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