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A Company has current liabilities of $650,000. An analysis of the asset accounts reveal Cash $132,000, Marketable Securities $256,000, and Receivables $177,000. Calculate and interpret
A Company has current liabilities of $650,000. An analysis of the asset accounts reveal Cash $132,000, Marketable Securities $256,000, and Receivables $177,000. Calculate and interpret the acid-test ratio.?
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