Why is the acid-test ratio given that name?

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Accounting

ISBN: 978-0132690089

9th Canadian Edition volume 2

Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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Question Posted: Dec 21, 2016 10:41 AM

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What is the acid test ratio?
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Why is the acid-test ratio given that name?

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The acidtest ratio is called by this name becaus...View the full answer

Accounting

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