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    Exam 15: Financial Statements and Year-End Accounting for a Merchandising Business
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    The Rough "Rule of Thumb" for a Quick Ratio Is
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The Rough "Rule of Thumb" for a Quick Ratio Is

Question 22

Question 22

Multiple Choice

The rough "rule of thumb" for a quick ratio is that the ratio should be about


A) 2 to 1.
B) 1 to 1.
C) .1 to 1.
D) 1 to .1.

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