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Shown below is the balance sheet of Blockchain Services Inc., what is the acid ratio? Asset * 10,000.00 12,000.00 Cash................. Receivables....... Inventory............ Capital Equipment............. *

Shown below is the balance sheet of Blockchain Services Inc., what is the acid ratio? Asset * 10,000.00 12,000.00 Cash................. Receivables....... Inventory............ Capital Equipment............. * 20,000.00 Total: * 7,000.00 * 49,000.00 Liabilities Payables.............. Notes due......... * 17,000.00 * 6,000.00 # 3,000.00 Long term debt........... # 23,000.00 Owner's equity Total: * 49,000.00

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