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Cash Accounts receivable Inventory $1,340 Prepaid expenses 2,023 Accounts payable 4,300 Other current liabilities $ 600 5,100 600 Use the above information on current assets
Cash Accounts receivable Inventory $1,340 Prepaid expenses 2,023 Accounts payable 4,300 Other current liabilities $ 600 5,100 600 Use the above information on current assets and current liabilities to compute the acic ratio. Acid-Test Ratio Choose Denominator: Choose Numerator: = Acid-Test Ratio Acid-test ratio 1 11 / H1 to 1
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