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8. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.) Required information Markus Company's common stock
8. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.)
Required information Markus Company's common stock sold for $5.25 per share at the end of this year. The average number of common shares outstanding during the year is 165,000 . The company also paid a common stock dividend of $0.63 per share this year. It also provided the following data excerpts from this year's financial statementsStep by Step Solution
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