Question
ABC Corporation had total quick assets of $8,012,000, current assets of $15,000,000, and current liabilities of $9,600,000. Its acid-test ratio equals: 0.53 2.40 0.83 0.64
ABC Corporation had total quick assets of $8,012,000, current assets of $15,000,000, and current liabilities of $9,600,000. Its acid-test ratio equals: 0.53
2.40
0.83
0.64
1.53
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Principles Of Financial Accounting Ch 1 17
Authors: Robert Libby, Patricia Libby, Fred Phillips, Stacey Whitecotton
1st Edition
0077370457, 9780077370459
