Multiple Choice
Presented below is information related to Tolbert Company.
Current Assets
Total current liabilities are $200,000.What is the acid-test ratio?
A) 2.8 to 1.
B) 2.5 to 1.
C) 1.4 to 1.
D) 0.8 to 1.
Correct Answer:
Verified
Correct Answer:
Verified
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