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Calculate the acid - test ratio, assuming that cash + accounts receivable = $ 5 0 , 0 0 0 , merchandise inventory = $

Calculate the acid-test ratio, assuming that cash + accounts receivable = $50,000, merchandise inventory = $10,000, noncurrent assets = $40,000, current liabilities = $20,000, noncurrent liabilities = $50,000, and stockholders' equity = $30,000.(Round your answer to one decimal place, if necessary.)

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