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Eristic Corporation has $32,000 in cash, $17,000 in marketable securities, $61,000 in account receivable, $76,000 in inventories, and $60,000 in current liabilities. The corporation's current
Eristic Corporation has $32,000 in cash, $17,000 in marketable securities, $61,000 in account receivable, $76,000 in inventories, and $60,000 in current liabilities. The corporation's current assets consist of cash, marketable securities, accounts receivable, and inventory. The corporation's acid-test ratio is closest to: 1.83 1.02 3.10 1.55
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