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In the current economic climate, banks are remaining very conservative in their lending practices. Peak Performance Sporting Goods is seeking a loan for expansion. As
In the current economic climate, banks are remaining very conservative in their lending practices. Peak Performance Sporting Goods is seeking a loan for expansion. As a loan officer for the local bank, you calculate the acid-test ratio for Peak Performance Sporting Goods. Using the information below, you determine Peak Performance's acid-test ratio = _____.
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