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    Intermediate Accounting Study Set 9
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    Exam 13: Current Liabilities and Contingencies
  5. Question
    The Numerator of the Acid-Test Ratio Consists of
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The Numerator of the Acid-Test Ratio Consists of

Question 49

Question 49

Multiple Choice

The numerator of the acid-test ratio consists of


A) total current assets.
B) cash inventory and marketable securities.
C) cash inventory and net receivables.
D) cash, marketable securities, and net receivables.

Correct Answer:

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