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Question 48 2 Points If Current assets are 60 000, the Acid Test (quick assets) ratio is 1.1 and closing inventory (stock) is valued at
Question 48 2 Points If Current assets are 60 000, the Acid Test (quick assets) ratio is 1.1 and closing inventory (stock) is valued at 20,000, the Current ratio will be: 1.1 B) 2.5:1 0.5:1 D 1.5:1
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