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Using the Following Year-End Information for Brim, LLC, Calculate the Current

Question 22

Multiple Choice

Using the following year-end information for Brim, LLC, calculate the current ratio and acid-test ratio:

A) 3.01 and 1.21
B) 3.16 and .97
C) 3.04 and 1.21
D) 1.09 and 4.77
E) None of these

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