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Inventories are eliminated from current assets in the quick ratio (acid test ratio) because: A. inventories are less liquid than marketable securities and accounts receivable.
Inventories are eliminated from current assets in the quick ratio (acid test ratio) because: A. inventories are less liquid than marketable securities and accounts receivable. B. inventory is generally held for only a short period of time. C. inventories rarely make up a significant proportion of current assets. D. none of these
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An Introduction To Socio-Finance
Authors: Jørgen Vitting Andersen, Andrzej Nowak
2013th Edition
3642419437, 978-3642419430
