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Data from Fontecchio Corporation's most recent balance sheet appear below: Cash Marketable securities Accounts receivable Inventory Prepaid expenses Current liabilities $ 29,000 $ 32,000 $

Data from Fontecchio Corporation's most recent balance sheet appear below: Cash Marketable securities Accounts receivable Inventory Prepaid expenses Current liabilities $ 29,000 $ 32,000 $ 73,400 $ 70,000 $ 24,000 $ 192,000 The corporation's acid-test ratio is closest to: Multiple Choice 0.32 0.17 0.70 0.53

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