Question
A company has $56,000 in cash, $12,000 in accounts receivable, $25,000 in temporary investments, and $100,000 in merchandise inventory. The company has $60,000 in current
A company has $56,000 in cash, $12,000 in accounts receivable, $25,000 in temporary investments, and $100,000 in merchandise inventory. The company has $60,000 in current liabilities. The company's acid test (quick) ratio is:
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Monitoring And Auditing Practices For Effective Compliance
Authors: John E. Steiner
2nd Edition
0977843017, 978-0977843015
