Question
KLM Corporation's quick assets are $6,050,000, its current assets are $12,870,000 and its current liabilities are $8,102,000. Its acid-test ratio equals: 1.34. 0.75. 0.63. 0.47.
KLM Corporation's quick assets are $6,050,000, its current assets are $12,870,000 and its current liabilities are $8,102,000. Its acid-test ratio equals:
1.34.
0.75.
0.63.
0.47.
2.34
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Hospitality Financial Accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Agnes L.
2nd Edition
9780470598092, 470083603, 978-0470083604
