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Warm Winters Linen, Inc, had current liabilities of $500,000; cash of $300,000: accounts receivable of $150.000, and ending Inventory of $250,000. Compute the acid test

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Warm Winters Linen, Inc, had current liabilities of $500,000; cash of $300,000: accounts receivable of $150.000, and ending Inventory of $250,000. Compute the acid test ratio. (Compute answer to one decimal place.) Select

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