Multiple Choice
If current assets were $150,000, merchandise inventory was $55,000, and current liabilities were $15,000, the acid test ratio is: (Round your answer two decimal places.)
A) 6.33:1.
B) 10.00:1.
C) 1.73:1.
D) 1:1.73.
Correct Answer:
Verified
Correct Answer:
Verified
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