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Financial Statements for Marcial Company Appear Below

Question 69

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Financial statements for Marcial Company appear below:
 Financial statements for Marcial Company appear below:     -Marcial Company's acid-test (quick) ratio at the end of Year 2 was closest to which of the following? A)  0.25 to 1. B)  0.76 to 1. C)  1.04 to 1. D)  1.32 to 1.
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-Marcial Company's acid-test (quick) ratio at the end of Year 2 was closest to which of the following?


A) 0.25 to 1.
B) 0.76 to 1.
C) 1.04 to 1.
D) 1.32 to 1.

Correct Answer:

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