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For a retailer with inventory to sell, the acid-test ratio will be Select one: a. less than the current ratio, thus providing a more stringent
For a retailer with inventory to sell, the acid-test ratio will be
Select one:
a. less than the current ratio, thus providing a more stringent measure of liquidity.
b. greater than the current ratio, thus providing a less stringent measure of liquidity.
c. greater than the current ratio, thus providing a more stringent measure of liquidity.
d. unimportant because it doesn't include inventory.
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