Each of the Following Is Included in Computing the Acid-Test

question 27

Multiple Choice

Each of the following is included in computing the acid-test ratio except

• A) cash.
• B) inventory.
• C) receivables.
• D) short-term investments.

---

Definitions:

Marginal Benefit

The additional satisfaction or value a consumer receives from consuming one more unit of a good or service.

Pollution

The introduction of contaminants into the natural environment, causing adverse change and harm to habitats and organisms.

Sources

Refers to the origins or places from which something is obtained, often used in the context of gathering information or materials.

Emissions Tax

A tax imposed on the emission of pollutants, aimed at reducing environmental harm by incentivizing companies to lower their pollution levels.