The company's acid-test ratio as of the balance sheet date is: * The following data is taken from the balance sheet of Bulldogs Inc. as of December 2021: Accounts payable P145,000 Accounts receivable 110,000 4,000 Accrued liabilities Cash Income tax payable Inventory Marketable securities 85,000 10,000 140,000 250,000 Notes payable - short term Prepaid expenses 85,000 15,000 O 2.02 O 1.82 O 2.40 O 1.76 O 1.80

The loanable funds theory is a neoclassical theory that determines the interest rate where the demand for loanable investments and supply of loanable funds intersect. To determine the interest rate, this theory employs linear regression and a demand curv…