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    Fundamental Accounting Principles Study Set 2
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    Exam 8: Internal Control and Cash
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    Omega Supply's Current Ratio Is 2 to 1
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Omega Supply's Current Ratio Is 2 to 1

Question 105

Question 105

True/False

Omega Supply's current ratio is 2 to 1.Its acid test ratio is .75 to 1.Omega Supply is a good credit risk because the ratios reveal no liquidity problem.

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