50) Which of the following is true of the acid-test ratio? A) It measures a company's ability to pay its current liabilities. B) It measures the ability of the company to earn net income. C) It measures a company's ability to meet its short-term obligations with cash and cash equivalents. D) It indicates how much cash could be realized by selling the inventory. A. It measures a company's ability to pay its current liabilities. B. It measures the ability of the company to earn net income. c. It measures a company's ability to meet its short-term obligations with cash and cash equivalents. D. It indicates how much cash could be realized by selling the inventory