Multiple Choice
KLM Corporation's quick assets are $5,888,000, its current assets are $11,700,000 and its current liabilities are $8,000,000. Its acid-test ratio equals:
A) 1.50.
B) 0.74.
C) 0.50.
D) 0.68.
E) 2.20.
Correct Answer:
Verified
Correct Answer:
Verified
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