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Using the Following Balance Sheet Information,find the Firm's Acid-Test Ratio

question 82

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Using the following balance sheet information,find the firm's acid-test ratio.
 Cash and marketable securities $20 million  Accounts receivable $10 million  Inventory $30 million  Current liabilities $30 million \begin{array}{|l|r|}\hline \text { Cash and marketable securities } & \$ 20 \text { million } \\\hline \text { Accounts receivable } & \$ 10 \text { million } \\\hline \text { Inventory } & \$ 30 \text { million } \\\hline \text { Current liabilities } & \$ 30 \text { million } \\\hline\end{array}

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