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Please solve all questions and detail answers CLEARLY Stimac Corporation has total cash of $265,000, no marketable securities, total current receivables of $336,000, total inventory
Please solve all questions and detail answers CLEARLY
Stimac Corporation has total cash of $265,000, no marketable securities, total current receivables of $336,000, total inventory of $173,000, total prepaid expenses of $64,000, total current assets of $838,000, total current liabilities of $294,000, total stockholders' equity of $2,114,000, total assets of $3,065,000, and total liabilities of $951,000. The company's acid test (quick) ratio is closest to: Multiple Choice 2.26 O 2.85 2.04Step by Step Solution
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