Multiple Choice
What does the acid test ratio eliminate from its calculation, because it is considered the least liquid of the current assets?
A) bank bills
B) accounts receivable
C) government securities
D) inventory
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q38: Which of these is not a limitation
Q39: If earnings per share is 85c, dividend
Q40: A company with a higher level of
Q41: Place the key steps in financial ratio
Q42: Because a company's inventory is less liquid
Q44: If gross profit is $500,000, interest expense
Q45: Why is interest added back to profit
Q46: Which ratios are specifically concerned with assessing
Q47: Blue Company reported: <span class="ql-formula"
Q48: Which of these ratios is not directly