Multiple Choice
Judith Corp.has current assets worth $50,000 and current liabilities worth $75,000.Current assets include inventory of $10,000.Calculate acid test ratio.
A) 1.500
B) 0.533
C) 0.625
D) 0.667
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q36: Which of the following is true of
Q37: Judith Corp.has current assets worth $50,000 and
Q38: In which of the following aspects does
Q39: Which of the following is a systematic
Q40: Which of the following is true of
Q42: Which of the following is a difference
Q43: Which of the following is true of
Q44: Blue Angel,Inc.generated sales of $420,000 in
Q45: What is content analysis?
Q46: Arcket,Inc.is a publicly traded nonmanufacturing company.The