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A company has the following accounts. What is the acid test ratio? Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock Wages

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A company has the following accounts. What is the acid test ratio? Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock Wages payable Consulting fees earned Rent expense Salaries expense Telephone expense Miscellaneous expense $11,900 22,400 3,575 36,053 16,435 16,452 56,390 3,900 15,618 5,573 8,542 750 470 Multiple Choice 5.07% re 9 of 10 Next>

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