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A company reported its acid test ratio over a three-year period as follows: Year 2 Year 3 Year 1 1.15:1 2.08:1 2.59:1 Which of the
A company reported its acid test ratio over a three-year period as follows: Year 2 Year 3 Year 1 1.15:1 2.08:1 2.59:1 Which of the following is the best conclusion to be drawn based on the above information? Select one: O a. There has been an increase in the company's revenue over the period b. The company has improved its ability to meet short term obligations over the period c. The company has increased the amount of cash available over the period O d. The company's level of profitability has improved over the period h
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