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    Fundamentals Of Corporate Finance Study Set 21
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    Exam 3: Working With Financial Statements
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    Current Assets Expressed as a Multiple of Current Liabilities Is
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Current Assets Expressed as a Multiple of Current Liabilities Is

Question 383

Question 383

Multiple Choice

Current assets expressed as a multiple of current liabilities is called the:


A) Working capital ratio.
B) Quick ratio.
C) Acid-test ratio.
D) Current ratio.
E) Cash ratio.

Correct Answer:

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