What is the difference between the current ratio and the acid-test ratio?

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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Posted: Sep 13, 2011 08:12 AM

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What is the difference between the current ratio and the acid-test ratio?

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The current ratio relates current assets to current liabilities The acidtest ...View the full answer

Accounting Principles

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