Multiple Choice
The acid- test ratio measures:
A) how many days it takes, on average, to sell the inventory.
B) how many days it takes, on average, to collect receivables.
C) the number of times per year a company sells goods and collects receivables.
D) how well a company can pay its current liabilities with its most liquid current assets.
Correct Answer:
Verified
Correct Answer:
Verified
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