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Find the acid-test ratio for a business if the balance sheet shows the following amounts: cash, $32,634; receivables, $13,047; marketable securities, $0; current liabilities, $22,244.
Find the acid-test ratio for a business if the balance sheet shows the following amounts: cash, $32,634; receivables, $13,047; marketable securities, $0; current liabilities, $22,244. The acid-test ratio is approximately (Type an integer or decimal rounded to the nearest hundredth as needed.)
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