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: Multiple Choice 0.75. 0.63.
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:
Multiple Choice
-
0.75.
-
0.63.
-
0.47.
-
1.34.
-
2.33.
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Accounting Information Systems
Authors: Patrick R. Wheeler, Ulric J. Gelinas, Richard B. Dull, Dull Gelinas Wheeler
International 10th Edition
017035539X, 9780170355391
