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Accounts receivable Cash Cost of goods sold Current assets Current liabilities Current receivables Inventory Net sales Quick assets Short-term investments a. Compute the acid-test ratio

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Accounts receivable

Cash

Cost of goods sold

Current assets

Current liabilities

Current receivables

Inventory

Net sales

Quick assets

Short-term investments

a. Compute the acid-test ratio for each of the separate cases above. b. Which company is in the best position to meet short-term obligations? Complete this question by entering your answers in the tabs below. Compute the acid-test ratio for each of the separate cases above. Complete this question by entering your answers in the tabs below. Which company is in the best position to meet short-term obligations? Which company is in the best position to meet short-term obligations

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