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The financial statements for Silver Service Company include the following items: Cash Short-term Investments Net Accounts Receivable Merchandise Inventory 2025 $45,500 30,000 62,000 132 000
The financial statements for Silver Service Company include the following items: Cash Short-term Investments Net Accounts Receivable Merchandise Inventory 2025 $45,500 30,000 62,000 132 000 2024 $49,000 17,500 54,000 43.000 O A. 0.85 B. 0.93 OC. 0.73 D. 0.95 Merchandise Inventory Total Assets Accounts Payable Salaries Payable Long-term Note Payable 132,000 530,000 127,500 18,000 62,000 43,000 546,000 129,000 12,000 58,000 Compute the acid - test ratio for 2024. (Round your answer to two decimal places) O A. 0.85 OB. 0.93 OC. 0.73 OD. 0.95
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