FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
The acid-test ratio is:
A) current assets divided by current liabilities
B) cash and current investments divided by current liabilities
C) cash, current investments, accounts receivable , and inventory divided by current liabilities
D) cash, current liabilities, and accounts receivable divided by current liabilities
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