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Information from Osborne Company's Balance Sheet Is as Follows: Current

Question 59

Multiple Choice

Information from Osborne Company's balance sheet is as follows: Current assets:
Information from Osborne Company's balance sheet is as follows: Current assets: What is Osborne's acid-test (quick) ratio? A) 0.26 to 1 B) 0.30 to 1 C) 1.80 to 1 D) 3.60 to 1
What is Osborne's acid-test (quick) ratio?


A) 0.26 to 1
B) 0.30 to 1
C) 1.80 to 1
D) 3.60 to 1

Correct Answer:

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