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    Exam 6: Analysis and Interpretation of Financial Statements
  5. Question
    The Acid Test Ratio Eliminates from Its Calculation Because It
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The Acid Test Ratio Eliminates from Its Calculation Because It

Question 25

Question 25

Multiple Choice

The acid test ratio eliminates from its calculation because it is considered the least liquid of the current assets.


A) debtors
B) government securities
C) inventory
D) bank bills

Correct Answer:

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