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ch 15 23. Calculate the quick assets and acid test ratio for the following company. Round ratios to the nearest hundredth. (E.g., enter 3.73:1 without
ch 15
23. Calculate the quick assets and acid test ratio for the following company.
Round ratios to the nearest hundredth. (E.g., enter "3.73:1" without the quotes.)
Marketable Accounts Current Quick Acid Test
Company Cash Securities Receivable Liabilities Assets Ratio
Super-Saver, Inc. $40,750 $97,000 $61,310$139,000 $
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