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An acid-test ratio, also known as the quick ratio, that is much smaller than the current ratio indicates that: Multiple Choice prepaid expenses represent a

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An acid-test ratio, also known as the quick ratio, that is much smaller than the current ratio indicates that: Multiple Choice prepaid expenses represent a small portion of current assets, Inventories represent a small portion of current assets inventories represent a large portion of current assets equipment represents a small portion of current assets

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