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