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Mayfield Corporation has provided the following financial data: Balance Sheet Assets Current assets: Cash$ 2 2 3 , 0 0 0 Accounts receivable, net 2
Mayfield Corporation has provided the following financial data: Balance Sheet Assets Current assets: Cash$ Accounts receivable, netInventoryPrepaid expensesTotal current assetsPlant and equipment, netTotal assets$ Liabilities and Stockholders' Equity Current liabilities: Accounts payable$ Accrued liabilitiesNotes payable, short termTotal current liabilitiesBonds payableTotal liabilitiesStockholders' equity: Common stock, $ par valueAdditional paidin capitalRetained earningsTotal stockholders' equityTotal liabilities & stockholders' equity$ The companys acidtest quick ratio is closest to:
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