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Using the following year-end information for WorkFit calculate the acid-test ratio: Cash Short-term investments Accounts receivable Inventory Supplies Accounts payable Wages payable $ 57,130 13,000
Using the following year-end information for WorkFit calculate the acid-test ratio: Cash Short-term investments Accounts receivable Inventory Supplies Accounts payable Wages payable $ 57,130 13,000 56,000 250,000 5,020 107,000 31,600 Multiple Choice O 0.50 0.41 O 0.53 O 0.91 0.77
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