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    Horngrens Accounting Study Set 2
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    Exam 9: Receivables
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    The ________, a More Stringent Measure Than the Current Ratio
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The ________, a More Stringent Measure Than the Current Ratio

Question 39

Question 39

Multiple Choice

The ________, a more stringent measure than the current ratio, measures a company's ability to pay its current liabilities.


A) debt ratio
B) equity ratio
C) acid-test ratio
D) days' sales in receivables

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