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KLM Corporation's quick assets are $5,888,000, its current assets are $11,700,000 and its current liabilities are $8,000,000. Its acid-test ratio equals: A. 0.68. B. 2.20.

KLM Corporation's quick assets are $5,888,000, its current assets are $11,700,000 and its current liabilities are $8,000,000. Its acid-test ratio equals:

  • A. 0.68.
  • B. 2.20.
  • C. 0.74.
  • D. 0.50.
  • E. 1.50.

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