Given the following information calculate the 2016 and 2017 acid-test ratios for Smart-T.:
Is Smart-T's liquidity situation improving?
Note: 2015 net accounts receivables = $40,000
Definitions:
Procedural Selves
Conceptual frameworks relating to the aspect of self that is concerned with the processes of self-regulation and goal achievement.
Implicit Self
A component of self-concept that consists of unconscious and automatic self-references and attitudes that influence one's behavior and perceptions.
Self-schema
Cognitive structures that represent how we think about ourselves in different contexts, guiding our behavior and perceptions.
Procedural Selves
Refers to aspects of the self that are concerned with patterns of behavior, typically unconscious and automatic habits and skills.
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