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  3. Study Set
    Financial Accounting Information for Decisions
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    Exam 4: Reporting and Analyzing Merchandising Operations
  5. Question
    A Common Rule of Thumb Is That a Company's Acid-Test
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A Common Rule of Thumb Is That a Company's Acid-Test

Question 91

Question 91

True/False

A common rule of thumb is that a company's acid-test ratio should be at least 2 or a company may face financial problems in the near future.

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