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Linda Bakerys current ratio is 4.25. If she purchased a new equipment for $500 with credit, what will be the effect on the acid-test ratio
- Linda Bakerys current ratio is 4.25. If she purchased a new equipment for $500 with credit, what will be the effect on the acid-test ratio and on working capital? Increase, decrease or no effect?
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CPA Excel Auditing And Attestation
Authors: Robert A. Prentice
1st Edition
0977165876, 978-0977165872
