Question
Using the following year-end information for WorkFit calculate the acid-test ratio: Cash Short-term investments $ 61,360 17,000 Accounts receivable (all current) 64,000 Inventory Supplies
Using the following year-end information for WorkFit calculate the acid-test ratio: Cash Short-term investments $ 61,360 17,000 Accounts receivable (all current) 64,000 Inventory Supplies Accounts payable Wages payable Multiple Choice 0.90 0.49 0.69 0.58 330,000 9,370 111,000 32,800
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
10th edition
1260481956, 1260310175, 978-1260481952
