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    Financial and Managerial Accounting Study Set 6
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    Exam 4: Accounting for Merchandising Operations
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    A Company Has the Following Accounts
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A Company Has the Following Accounts

Question 43

Question 43

Multiple Choice

A company has the following accounts. What is the acid test ratio?

A company has the following accounts. What is the acid test ratio?    A)  4.50% B)  2.30% C)  1.75% D)  4.00% E)  1.50%


A) 4.50%
B) 2.30%
C) 1.75%
D) 4.00%
E) 1.50%

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