ABC Corporation Had Total Quick Assets of $5,888,000,current Assets of $11,700,000,and

question 122

Multiple Choice

ABC Corporation had total quick assets of $5,888,000,current assets of $11,700,000,and current liabilities of $8,000,000.Its acid-test ratio equals:

• A)0.50.
• B)0.68.
• C)0.74.
• D)1.50.
• E)2.20.

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