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D) 73 days Question 23 23) From the folowing details, calculate the acid-test ratio. (Round to two decimal places) Cash Short-term investments Net current receivables

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D) 73 days Question 23 23) From the folowing details, calculate the acid-test ratio. (Round to two decimal places) Cash Short-term investments Net current receivables Inventory Total current liabilities $120,000 150,000 280,000 290,000 790 A) 0.91 B) 0.94 C) 1.06 D) 0.70 Question 24 24) Which of the following descibes the key significance of the acid-test ratio? A) It measures a company's ability to pay its current liabilities if they are due immediately

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