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Question 15

  1. A company has $60,000 in cash, $75,000 in short-term investments, $141,500 in net current receivables, and $145,000 in inventory.  The total current liabilities of the firm are $395,000.  The acid-test ratio of the company is
  2. A. 1.067.
  3. B. 0.342.
  4. C. 0.152.
  5. D. 0.700.

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Subject: Business, Finance
Question 15 A company has $60,000 in cash, $75,000 in short-term investments, $141,500 in net current receivables, and $145,000 in inventory.The...
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