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If Current Assets Were $140,000,merchandise Inventory Was $50,000,and Current Liabilities

Question 110

Multiple Choice

If current assets were $140,000,merchandise inventory was $50,000,and current liabilities were $15,000,the acid test ratio is:

A) 6:1.
B) 4:1.
C) 2:1.
D) 1:2.

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