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Calculate the acid-test ratio for Company BBB, given its current assets of $200,000, excluding inventory, and current liabilities of $100,000. Discuss the acid-test ratio as

Calculate the acid-test ratio for Company BBB, given its current assets of $200,000, excluding inventory, and current liabilities of $100,000. Discuss the acid-test ratio as a measure of a company's ability to meet its short-term obligations using its most liquid assets, excluding inventory. Evaluate the significance of a high or low acid-test ratio in assessing a company's liquidity position and financial health.

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