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Which of the statements below summarizes what the acid - test ratio measures? The acid - test ratio measures a merchandiser's ability to pay its

Which of the statements below summarizes what the acid-test ratio measures?
The acid-test ratio measures a merchandiser's ability to pay its current liabilities.
The acid-test ratio measures the marketability of a company's merchandise.
The acid-test ratio measures the efficiency of capital spending.
The acid-test ratio measures the profitability of a company.
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