Question
A certain company has an acid test ratio of 0.97. This implies which of the following. 1. Current liabilities are less than the quick assets
A certain company has an acid test ratio of 0.97. This implies which of the following.
1. Current liabilities are less than the quick assets of the company.
2. Current liabilities are greater than the quick assets of the company.
3. Current liabilities are greater than the current assets of the company.
4. Current liabilities are less than the current assets of the company.
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
3rd Edition
0136070736, 978-0136070733
