Given the following information calculate the 2013 and 2014 acid-test ratios for Smart-T. :
Is Smart-T's liquidity situation improving?
Note: 2012 net accounts receivables = $40,000
Definitions:
Inherently Deviant
A description of actions or behaviors that are fundamentally considered to violate societal norms and expectations.
Social Context
The environment of people, cultures, and institutions that surround and influence an individual or event, shaping its meaning and impact.
Public Order Crime
Refers to behavior that has been labeled criminal because it is contrary to shared norms, social values, and customs.
Prostitution
The act of participating in sexual behaviors for monetary rewards or other types of reimbursement.
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