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Given inventory of R240,000, other current assets of R120,000 and current liabilities of R200,000, what will the acid test (quick ratio) be? A. 1.6:1 B.

Given inventory of R240,000, other current assets of R120,000 and current liabilities of R200,000, what will the acid test (quick ratio) be? A. 1.6:1 B. 0.6:1 C. 1.2:1 D. 1.8:1

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